Australia's annual inflation rate remained steady at 2.4% in April, marking the third consecutive month without change and slightly surpassing market expectations of a 2.3% rise. The Reserve Bank of Australia's (RBA) preferred measure, the trimmed mean, edged up to 2.8% from March's 2.7%

On May 27, 2025, Australia's ASX200 index closed up 0.56% at 8,407 points, reflecting investor optimism amid global economic developments. European markets responded positively to a significant shift in U.S. tariffs, while Australian investors await forthcoming inflation data that could influenc