Tuesday 8th October 2024

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Today markets are responding to a mix of adjustments to expectations for Fred rate cuts, alongside continued uncertainty about developments in the Middle East. Late in the day in the US a judge has added to downward moves in equities by ruling that Alphabet cannot block other marketplace providers from competing with the Play Store. NAB’s Rodrigo Catril takes Phil through the moves overnight and looks ahead to a Quadrifactor (yes that’s right) of local news. Plus, possibly news of government support from China today.

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Global markets adjust to Fed expectations