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Good morning!
ABC business reporter Emilia Terzon here back on my first markets blogging shift after Summer holidays.
I hope I remember what a currency is beyond something with which to buy wine.
This morning we’re expecting the ASX to open lower after US markets pulled back from a recent rally.
There’s concerns on Wall Street about job losses and, as seems to be the constant theme, potentially more rate hikes by the Fed.
However, European markets have fared better.
That is as inflation data in the UK shows price hikes there are easing. The UK’s CPI was still at 10.5 per cent for December, though. Ouch.
Grab a cup of coffee (or a wine if you’re still in Summer mode) and we’ll be back soon with more data.
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