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Australian markets dip on mixed data; RBA likely to hold rates.
Australian shares are expected to open slightly lower amid mixed economic signals, with inflation pressures and rising unemployment likely keeping the Reserve Bank of Australia on hold, while Wall Street rose Friday on Amazon’s strong earnings outlook.
Markets await the RBA’s decision, expected to maintain rates, with focus on policy tone and updated forecasts.
Domestic data points to modest gains in household spending, building approvals, and property values.
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Los mercados australianos caen en datos mixtos; es probable que RBA mantenga las tasas.