The Australian share market has hit a new record high with strong gains from miners and retailers – although Qantas shares dipped after news of its big cyber attack. Retail volumes per capita returned back to zero at the conclusion of the financial year.
Meanwhile in the US, the S&P 500 is showing strong momentum leading to market optimism. In the wake of Trump’s ‘One Big Beautiful Bill’ passing, bond vigilantes are a no show.
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