Australia’s GDP grows just 0.2% in Q3, sparking market rally with ASX up 1.5% as traders bet on imminent RBA rate cut amid economic slowdown.”
The CSL position that we put on initially is now 10% in the money. We are looking to trim 2% or 1/4 of our position to take a profit.
Stocks finished mixed overnight with downside momentum curbed by rising tech stocks as Treasury yields fell after data showed labor demand fell to a two-year low.
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