S&P/ASX 200 (^AXJO)
| Previous Close | 8,027.00 |
| Open | 8,027.00 |
| Volume |
| Day's Range | 7,990.30 - 8,027.00 |
| 52 Week Range | 6,751.30 - 8,148.70 |
| Avg. Volume | 619,861 |
- Investing.com
RBA considered a rate hike during August meeting, minutes show
Investing.com-- The Reserve Bank of Australia had considered raising interest rates earlier in August, the minutes of its recent meeting showed, amid persistent concerns that inflation will remain sticky for longer.
- Investing.com
Australia jobs blow past expectations in July as labor market runs hot
Investing.com-- Australia’s labor market grew much more than expected in July as strong job openings and record-high participation kept the sector running hot and contrary to the Reserve Bank’s expectations for a softer market.
The Wall Street JournalCentral Banks Caught Between Inflation and Market Fears
The Federal Reserve is looking to cut, Japan is hiking and Australia is right in the middle. The Reserve Bank of Australia decided Tuesday to keep its benchmark cash rate unchanged at 4.35%, and the accompanying statement made clear that policymakers aren’t ruling anything out. In Australia, inflation in the latest quarter wasn’t as threatening as markets had feared, but it was still too hot for the central bank.
