The ASX 200 opens down 0.3%, influenced by mixed US markets and no expected Fed rate cuts in December.

The ASX 200 is expected to start the week down 0.3%, following a mixed performance on Wall Street due to strong US retail sales and Fed officials hinting at no December rate cuts. The index closed last week slightly down at 8,285. Sectors like materials and energy declined, while IT and utilities saw gains. This week, the RBA's November meeting minutes will be key, showing rates held steady at 4.35%. National Australia Bank faced legal issues, while mining and energy stocks showed mixed performance.

November 17, 2024
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