For the June y/y result: +7.1% y/y (vs. prior of +0.2%)
The real focus for the AUD market today is on Chinese Q2 GDP due at 0200GMT (preview here).
For the June y/y result: +7.1% y/y (vs. prior of +0.2%)
The real focus for the AUD market today is on Chinese Q2 GDP due at 0200GMT (preview here).
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Value stocks like EPC (8.8x P/E) & PSKY (13.2x P/E) risk being traps. GDRX (7.9x P/E) faces headwinds.
Asian shares mixed amid Iran war fears; Japan's economy grows, but Kospi sinks 4%. Oil prices gyrate.
Industrials gain 24.5%, but NDSN, AEIS, MEI show weak growth & high P/E ratios.
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Japan's economy grew 2.1% annualized, boosted by consumer/govt spending despite oil price risks. Nikkei dips.
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Regeneron shares tumble 10% as its melanoma drug fails late-stage trial, missing key goals.
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