Indices: Australian ASX 200
The ASX200 is set to open back around 7070 this morning probably making a fresh 10-week high in the process, we are still adopting a neutral stance but the bounce has extended a little further than we expected – assuming we follow the US this morning the Tech and Consumer Discretionary Sectors are likely to lead the gains.
The ASX200 roared higher on Thursday on optimism that peak inflation is behind us but not all parts of this fascinating puzzle are currently in alignment:
