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    ASX200 climbs; BrainChip surges on manufacturing news; Consumer Confidence at 11-year high

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    Highlights
    • ASX200 is up 0.29% at 6997.4 at 1:30pm AEST.
    • BrainChip skyrockets 27% on volumen manufacturing news.
    • Westpac Consumer Confidence index soars to 11-year high for April.

    The tech sector is rallying today following a strong session for the Nasdaq on Wall Street yesterday. Wisetech Global, Altium, Iress, Nearmap and Afterpay are each trading more than 2% higher today.

    The Australian market is trading 0.29% higher at 6997.4 at 1:30pm AEST, slightly retreating from this morning?s fresh pre-pandemic high with strong gains amongst the gold miners boosting the key index.

    Bitcoin continues to trade around record highs today, up 4.18% at US$63,314.81 at 1:30pm AEST.

    Australian-based leading AI technology producer BrainChip is soaring nearly 30% today after announcing the start of volume manufacturing of its revolutionary Akida AKD1000 neuromorphic processor chip for edge AI devices.

    Westpac?s Consumer Confidence index surged to an 11-year high in April signalling consumers having a positive outlook for the month ahead. The optimism was buoyed by positive news around the labour market rebound from a decline in unemployment for March.

    Apple is set to unveil its latest iPad, and AirPod products today via a virtual ?Spring Loaded? event which Siri prematurely told to users who asked ?Hey Siri when will Apple host its next big product launch??.

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