In this week’s Monday Market Highlights, Investment Analyst Kate Power covers lower-than-expected US Durable Goods Orders – largely related to a decline in commercial aircraft orders in the US. She looks into US PMI data, Australian fourth quarter GDP data, and the bounce-back in Australian retail sales which, despite volatility in the data, points to household spending starting to weaken. In equities news, Kate covers reporting season coming to a close, with overall earnings disappointing, and a slowdown in buyer consumption combined with inventory climbing.
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