Monday Market Highlights: 18 March 2024

In this week’s Monday Market Highlights, Dealer Brendan Larsen covers US CPI data which came in ahead of expectations, along with producer price data which did little to ease concerns around inflation and, along with other data, decreases certainty of a June cut. He discusses the RECS/KPMG employment report and official data out of the UK, and in NZ he looks into the Selected Price Index data for February, which outlined slowing food prices but broadly strong categories elsewhere. In equity news, Brendan covers Metcash’s investor day, SkyCity, and Briscoes – which reported a solid FY24 result.   This podcast is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to a Financial Adviser. Past performance is not a reliable indicator of future performance. Milford is an active fund manager with views and portfolio positions subject to change.