- Prelim reading was 52.2
- September final was 52.0
This is a a larger than expected revision but eyes are on the ISM survey at the top of the hour. The consensus is a reading of 49.5 from 49.1 previously.
This is a a larger than expected revision but eyes are on the ISM survey at the top of the hour. The consensus is a reading of 49.5 from 49.1 previously.
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AUD, ASX and Aussie bond traders heads up - it's a partial holiday in Australia today. Markets will be open and trading in Australia today but interest and liquidity will thin out markedly as everyone celebrates a horse race.
No cut today - CBA now expects the RBA to keep the cash rate at 3.60% for the foreseeable future after broad-based inflation strength in Q3 reversed disinflation progress.
Fed split: Rate cut risks vs. inflation fears. Some see 0.25% cut as insurance, others push for 0.50%. Markets watch.
BLNK drops 7.4% on financial woes despite new chargers; revenue down 33.7%, margin -82.3%. Volatile stock.
ABR drops 3.3% on analyst downgrade, revenue miss & rising NPLs. Down 28.6% YTD, trading 37% below 52-wk high.
BFAM drops 5.3% on price target cuts despite strong earnings; valuation multiples revised.
TDOC tumbles 6% on slow growth forecasts (2.2% vs 12% industry avg). Down 15% YTD, 43% from 52-wk high.
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