
The episode discusses the ASX 200's decline and the CPI's performance against expectations.
The ASX 200 slipped another 24 pts to 8687 (0.3%) as CPI beat expectations. Banks eased back again, the Big Bank Basket fell to $286.25 (-1.1%) with CBA off 1.4% and WBC falling 1.0%. Financials mixed, CGF 1.0% better, MFG finding friends and ZIP up 0.8%. Insurers firmed on bond yields, QBE up 0.5% and MPL up 1.5%. Industrials mixed again, CSL falling around 2.4% and COH dropping 3.2%. TLS fell 0.4%, WOW and COL eased back and SEK dropped 3.0%. Tech stocks were mixed, 360 up 0.9% and WTC fall...
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