Australians splash out big on autos, keep economy ticking – Reuters
Australian auto sales have boasted their best May on record as cashed-up consumers splash out on big-ticket items, a hopeful sign spending had the resilience to weather a COVID-19 lockdown in the state of Victoria.
Wall St Week Ahead Investors eye Washington talks after big rally in infrastructure shares – Reuters
Investors will watch Washington in the coming week for clues on whether an outsized rally in shares of companies that would benefit from President Joe Biden’s proposed $1.7 trillion infrastructure plan has more room to run.