
Closing Bell 3rd October: RBA Holds Steady Markets Navigate Inflation and Interest Rates
The RBA maintains a 4.1% cash rate amidst rising inflation concerns, prompting bond yields to ease and the sharemarket to hover near a six-month low.

The RBA maintains a 4.1% cash rate amidst rising inflation concerns, prompting bond yields to ease and the sharemarket to hover near a six-month low.

General market risk-off, global bond yields have reach new multi-year high causing a sell off in risky assets.

Equites gave back initial gains from the US govt averting a shutdown until Treasury yields were pushed higher by growing expectations for another Federal Reserve interest rate hike


This website provides general advice that does not take into account your individual objectives, financial situation, or needs. Past performance does not guarantee future results. The trade recommendations in our Pilot Portfolios are hypothetical, may exclude certain fees, and are not a basis for future investment decisions. Please do not rely solely on this information. We recommend seeking appropriate financial, taxation, and legal advice before making any investment decisions. Please refer to our Financial Services Guide for more information about our services.