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The New Daily
The New Daily
Business
Tony Sycamore

Australian stock exchange continues rebound despite messy jobs data and inflation fears

The four-week rally in US stockmarkets stalled this week following an upside surprise in UK inflation that rekindled the fears that dominated the first half of the year.

There was no stopping the ASX200, however, as it traded to a 10-week high supported by better-than-expected earnings, including a thumping result from index heavyweight BHP.

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