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IMF growth trim keeps ASX financial shares on watch this week

Highlights A trimmed IMF growth outlook for Australia kept financial shares on watch. Slower growth and sticky inflation shaped a cautious mood. Sector heavyweights offered a steadier counterweight to the caution. A trimmed growth outlook from the International Monetary Fund kept ASX financial shares on watch as the market weighed the prospect of slower expansion and stubborn inflation across the domestic economy. Diversified financial group Macquarie Group (ASX:MQG),...