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PEAK ASSET: MORNING WRAP 16 FEBRUARY: ASX to rise | Nasdaq gets lift from tech sector | Alicanto confirms acquisition of legendary Scandinavian polymetallic mine |

16 February, 2023 How are you this morning?Expectations of higher interest rates firmed further after Reserve Bank governor Philip Lowe shrugged off political pressure over tighter monetary policy that is squeezing households, declaring that inflation remains โ€œway too highโ€ and not acting to bring it down would create further pain for the poorest Australians.Dr Lowe said
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ASX LIVE: Australian shares to rise, earnings pending from AMP, NAB, Telstra

Australian shares are up 0.2 per cent. NAB Q1 profit at $2.1b. Telstra warns: โ€œincome now expected to be at the bottom end of guidanceโ€. Vehicle located in mine rescue operation. AUB upgrades profit guidance. Super Retail posts record sales; Whitehaven profits surge. Goodman upgrades guidance. Newcrest rejects Newmont bid; Origin talks with bidder still live. Labour force data at 11.30am AEDT. Follow updates here.
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Source: afr.com

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