Australian Morning Focus

Global markets started the week quietly with US equities rising and bond yields relatively stable. US economic data showed the ISM services index easing to 54.0, maintaining a solid demand narrative.

Key Takeaways

• 1.US equity markets rose, led by technology stocks, while bond yields were little changed.
• 2.The US ISM services index eased 0.5pts to 54.0 in June.
• 3.Fed minutes from the June meeting are anticipated to show growing support for rate hikes.

Table of Contents

• Highlights
• Today (AEST)
• Global markets overview
• Data/event pulse
• Key themes and views
• Market at 6:45am today
• Key data releases
• What's ahead today
• Commodities

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