In this week’s Monday Market Highlights, Investment Analyst Kate Power discusses the US PCE index, Australian retail sales which rose by 1.2% year-on-year, Australian CPI, and the NZ 2024 budget – which confirmed a weaker fiscal outlook than predicted in December. In equity news Kate covers BHP’s confirmation it is not intending to make a new firm offer for Anglo American. She also looks into Lendlease, New Zealand Aluminium Smelters’ 20-year electricity arrangements – including contracts with Meridian Energy, Contact Energy and Mercury NZ. Finally, Kate covers Salesforce’s recent quarter which included shortfalls in revenue and margins.
Listen to the podcast on your favourite platform: