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MPC Morning Call 7th July 2025

Mark highlights a quiet start to the week due to the US markets being closed for the Independence Day holiday.

The Australian market closed near record highs on Friday, while Asian markets were somewhat softer. Commodity markets showed minor movements: platinum faded, silver continued its rally toward 15-year highs, and copper experienced a slight pullback. With US markets closed, limited volatility is expected until they reopen.

Looking ahead, the focus this week is on the BRICS summit and commentary from central bank leaders, particularly the Reserve Bank of Australia (RBA). There is…

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