The ASX 200 is up 15 points (0.2%) to 7269, rallying after the CPI release this morning. Most sectors are up, Metals & Mining, Materials and Gold leading the way. Defensive sectors struggling, Healthcare, Staples and Utilities the worst performers. Banks are mixed, the Big Bank Basket is down 0.1% to $188.28. Tech and All-Tech indexes both up 0.4% and 0.3%, respectively. Resources and Industrials moving higher, up 1% and 0.5% respectively. Dow Futures are up 30 points, and NASDAQ Futures are up 9 points.
Anyone who has been in broking will tell you that the Morning Meeting is how all brokers start the day. The format is to have a quick look at the overnight markets, consider what's coming up in the day ahead, hear from the analysts, share ideas and get set up for the day's stock market activity.
