Afternoon trading March 21

  1. 14,345 Posts.
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    Thanks @shovel40, @mirren, @Fiji1 and morning crew.

    ASX 200 up 1.33% at the halfway mark and still climbing.

    RBA minutes released this morning show the central bank will consider a rates pause at next month's meeting. Throw in a global banking crisis and share market turmoil since the meeting and the case for a pause starts to look compelling.

    The key lines from the minutes: "Members agreed to reconsider the case for a pause at the following meeting, recognising that pausing would allow additional time to reassess the outlook for the economy. At what point it will be appropriate to pause will be determined by the data and the Board’s assessment of the outlook."




    Personal trading: Needed two attempts, but eventually swung a profit from VML.

 
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