ASX 0.52% $59.69 asx limited

US Fed looks like it will lower US rates while here it looks...

  1. 702 Posts.
    US Fed looks like it will lower US rates while here it looks like rates will rise - effect:

    1. local companies pay more for borrowings
    2. AUD goes higher (now at highest point in years) so they get smashed on export prices.
 
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