ASX rose 0.2% with tech optimism and rate cut prospects by the Fed. CBA hit record highs, while Westpac and NAB also surged, reflecting bullish banking sector sentiment.
The emergence of La Niña will bring wetter conditions to country Australia
The rally in tech returned after Federal Reserve Chair Jerome Powell reiterated that interest rate cuts were coming later in the year, a statement that has been repeated ad nauseum for over a month now, but investors treated as “new” news
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