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2025-10-29 06:38:55
[Australian stock market expected to rise before the release of inflation data] Australian stocks are expected to rise before the release of the country's inflation data, which is crucial for the central bank's interest rate decision. ASX futures rose 0.1% before the opening on Wednesday, indicating that the S&P/ASX 200 index will open slightly higher. The benchmark index fell 0.5% on Tuesday and fell 0.1% this week. Before the opening, personal protective equipment manufacturer Ansell raised its annual profit forecast. Lynas announced that it will build a new heavy rare earth separation facility in Malaysia to meet demand. In the US market, the Dow Jones Industrial Average rose 0.3%, the S&P 500 rose 0.2%, and the Nasdaq Composite Index rose 0.8%.
