Lunch Report: ASX 200 Retreats As Investors Opt For Caution

Local shares eased on early trade on Monday as investors took a cautious approach ahead of a range of key economic reports slated for release later this week. Bulk miners firmed thanks to a recovery in iron ore prices – energy names were lower in response to a fall in oil prices. Elsewhere, fertiliser maker Incitec Pivot (IPL) slumped on an earnings downgrade.

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