Thanks @shovel40, @mirren, @Fiji1 and morning crew.
Bit of a fizzer of a session. ASX 200 up 0.02% after a brief look at a three-and-a-half-week high. The ore miners dragging for a second day in line with falling prices. Energy and property also weak. Gold miners providing much of the excitement after the yellow metal climbed to within 2% of a record.
At the spec end, 4DX looks to be the morning's best runner. WMG up 78% but below its opening price. DTM, MKR and WA1 were other chances.
Noteworthy: NZ's central bank hiked by 50bps this morning to 5.25%. Meanwhile, RBA Governor Philip Lowe warned yesterday's rates pause does not mean this hiking cycle is over.
Key passage in Lowe's speech to the National Press Club this morning: "The decision to hold rates steady this month does not imply that interest rate increases are over. Indeed, the Board expects that some further tightening of monetary policy may well be needed to return inflation to target within a reasonable timeframe."Personal trading: Tough morning. Read the 4DX announcement about five minutes too late. History shows I shoulda chased. I did not.
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Afternoon trading April 5
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