In this week’s Monday Market Highlights, Investment Analyst Kate Power discusses the US CPI print, which was lower than expected, along with headline inflation which fell 0.1% month-on-month. Closer to home, the RBNZ kept the cash rate steady 5.50% but signalled a shift towards easing monetary policy. In Australia, the CBA Household Spending Insights Index rose 0.6% for June, with overall spending growing 3.9%. In equity news, Kate covers Telstra, and the US second quarter earnings season kick-off, with PepsiCo and Delta Air results. She also looks into US banks JP Morgan, Wells Fargo and Citigroup.
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