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By James Glynn SYDNEY--A key leading indicator of the Australian economy suggests a lot of the headwinds that slowed the commodity-rich country over recent years are beginning to ease. The... -May 28, 2024 at 08:55 pm EDT - MarketScreener
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That is barely moving.
The good news (and there is good news) is things are about to get a little better, beginning very soon, in July.
Australian shares are trading significantly lower on Wednesday, extending the losses in the previous six sessions, with the benchmark S&P/ASX 200 falling to stay a tad above the 7,700 level, following the mixed cues from Wall Street overnight, with weakness across most sectors led by mining and financial stocks.