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ASX Market Open: Heading towards red as Australia’s inflation tops 1Y high | Sep 25
AppleApple(US:AAPL) The Market Online·2025-09-24 22:42

Market Overview - Australian shares are declining further, influenced by the recent CPI data indicating overheating inflation, which reached a calendar high last month [1][2] - The consumer price index rose by 0.3% compared to July, leading to expectations that the Reserve Bank will not ease policies in their next meeting [2] - U.S. markets are also experiencing a downturn, with major indices like the S&P, Dow Jones, and Nasdaq down approximately 0.3% [3] Company News - Macquarie (ASX:MGQ) has agreed to compensate Shield investors up to $321 million following a deal with Australia's corporate regulator, as the Shield Master Trust was deemed to have failed [5] - Trigg Minerals (ASX:TMG) is promoting a "fast-tracked" development pathway for its Antimony Canyon project in Utah after identifying exploration targets [5] - Morella Corporation (ASX:1MC) is gaining attention for shifting focus to titanium at its Dixon Well Project after receiving positive rock chip assay results [6] - The lithium sector remains active, with the Trump administration expressing interest in acquiring a stake in Lithium Americas Corp, positively impacting companies like Pilbara Minerals (ASX:PLS) and Liontown Resources (ASX:LTR) [6] Commodity Prices - The Australian dollar is trading at 65.8 U.S. cents [7] - Iron Ore prices have slightly increased to $106.15 per tonne in Singapore [7] - Brent Crude oil has risen by 2.2% to $69.06 per barrel [7] - Gold remains strong at $3,748 per ounce [7] - U.S. natural gas futures are up by 0.7%, reaching $2.87 per gigajoule [7]