Thanks @shovel40, @Fiji1 and morning crew.
Half-time wrap:
Aussie shares added to early falls after the Reserve Bank reiterated its determination to raise benchmark rates higher if inflationary pressures do not recede within a "reasonable" timeframe.
The ASX 200 dropped 24 points or 0.33% towards a second straight loss. Financials, tech and utilities were the only sectors to resist the slump. Property, telecommunications and industrials were the biggest drags.
The sell-off accelerated after the minutes from this month's policy meeting doused hopes the board has completed the current rate hiking cycle.
The key phrase from the minutes read: "Members agreed that some further tightening of monetary policy may be required to bring inflation back to target within a reasonable timeframe, but that this depended on how the economy and inflation evolve."
Personal trading: Made a bit, but not enough to host the Commonwealth Games. Scraped a measly pip from an overnight hold in YOJ - hoped for more buying interest after yesterday's breakout, but nope. Got a few more pips from A4N and AGE off the lows.
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Afternoon trading July 18
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