We all expect the RBA to act- and we expect higher rates to lead to better NIM for the banks. But the macro looks awful. I suppose it comes down to how probable various high consequence scenarios are- and how long lasting these events might be if they transpire?
So, take your pick, a 50bps hike from the RBA leading to perhaps higher SPs for banks, and, or, Germany deciding to cut out Russian energy or the Russians cutting Germany off from their energy? Or a Beijing lockdown that lasts for- how long?
Or the market just might under react to various happenings and rumours and the SP changes no more than usual.
Something like that.
IMHO DYOR
We all expect the RBA to act- and we expect higher rates to lead...
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Last
$33.72 |
Change
0.530(1.60%) |
Mkt cap ! $115.3B | |||
| Open | High | Low | Value | Volume |
| $33.13 | $33.76 | $33.00 | $130.5M | 3.883M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $33.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.74 | 326 | 1 |
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| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| WBC (ASX) Chart |