The RBA is talking that rates are nearing normal sustainable levels. This to me indicates that there will not be a rate hike at the next meeting in May. The RBA is fully aware of a correction coming along and does not want to spook our market with rate hike talk.
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Last
8,590.7 |
Change
1.400(0.02%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,589.1 | 8,610.0 | 8,550.2 |
| XJO (ASX) Chart |