Local equities traded to their lowest intraday level since the 29th of September during today’s broad-based selling. Following the overnight moves and compounded by further weakness in US futures today, Aussie equities finished the week with a straight sets smacking. Energy & materials felt the worst of it but all sectors were weaker on the day. Inflation concerns was the main issue on traders’ minds today, a flight to cash ahead of the weekend was on the agenda for most.
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Really bullish, there's more to go in the reflation rally
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