Australia Melbourne Institute inflation: Aug M/M 0.5%
Melbourne Institute inflation rose 0.5% in August on a month-on-month basis, versus 1.0% previously. Year-on-year inflation was 4.8%, versus 4.0% previously.
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Australian Shares Flat; Vault Minerals Receives Nearly AU$6 Billion Merger Proposal From Genesis Minerals
() -- Australian shares were flat, with a negative bias, on Monday as investors await the minutes from the US Federal Reserve's first board meeting under the new chairman, Kevin Warsh. The S&P/ASX 200 Index was little changed to close at 8,831. Brent crude oil futures were lower, trading at around $71 per barrel as shi
ASX Preview: Australian Shares to Fall as OPEC Boosts Output; Vault Minerals Receives Nearly AU$6 Billion Merger Proposal From Genesis Miner
() -- Australian shares are poised to fall on Monday after the Organization of the Petroleum Exporting Countries (OPEC) agreed to raise output quotas by 188,000 barrels per day from August, adding to global supply and extending pressure on crude prices amid a gradual reopening of the Strait of Hormuz and easing Middle