What Matters Today in Markets - Monday 12th October - Dow up +423pts, SPI up +37pts

Uh, Australian shares are expected to open higher this morning, up about point four of a percent, thirty-seven points higher for the SPI futures.

Uh, that comes on the back of a solid session on Wall Street.

Dow Jones up four hundred and twenty-three points, uh, point eight higher.

S&P was up point six, Nasdaq was up point five, uh, and Russell 2000 was up, uh, point five as well.

So, uh, just looking ahead this week, a couple of things are gonna, uh, be headlining from an economic data perspective.

Locally, we've got, uh, the employment, uh, data due out o-on Thursday, uh, where we're seeing-- we're expecting to see the unemployment rate to stay stable at four point six percent, uh, twenty thousand jobs being added, uh, for the month.

Uh, looking over in the US, CPI data is gonna be, uh, the headline act.

That's out on Wednesday over in the US.

We've got, um, uh, CPI month-on-month up point six percent is consensus, uh, which shows, uh, a re-acceleration of, uh, inflation over in the US.

So consensus is for year-on-year run rate of three point six percent.

Uh, that's up from three point four percent.

So, uh, that's what's baked into the cake, uh, at the moment.