
Closing Bell 1st August – RBA Leaves Rates Unchanged
The RBA left rates unchanged today at 4.10% while confusingly flagging risks for higher rates.
The RBA left rates unchanged today at 4.10% while confusingly flagging risks for higher rates.
The market was full of hope today, hopes of China stimulus, hopes of the end of the rate cycle and hopes of a soft landing. Will hope win or will reality start to kick in?
Investors predicting hiking cycles are “done” had a rude shock today as Japan widened its Yield Curve Control, sending long term rates higher
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