RBA holds interest rates; Erin Patterson verdict finds mushroom chef guilty; new Trump tariffs revealed
The local stock market is absorbed between the positive and negative region due to tariff uncertainty and traders are waiting for the latest reserve bank decision on interest rates.
The ASX200 began to be traded on Tuesday with a 17 -point drop, then climbed 20.7 points in the second hour of the process before returning to red.
The S&P/ASX200 index decreased to 8582.2 with a decrease of 7.3 points or 0.08 percent, while wider ordinarys fell to 8821.9 with 4.5 points or 0.05 percent.
Capital.com Analyst Kyle Rodda said that as the US Trade Agreement on Wednesday approached the last date of the US Trade Agreement, the markets received a “fast fist in the intestines”.
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It is expected that the reserve bank is expected to announce that the Bank has reduced its cash rate from 3.85 percent in the afternoon afternoon.
Seven of the 11 sectors of ASX were connected to the consumer in the afternoon, financial, telecommunications and telecommunications were higher.
Consumer Staples, Coles 1.0 percent and A2 milk was reduced by 1.1 percent as the most carrier was the biggest carrier.
Financially, three of the four major banks were higher. CBA 0.3 percent, NAB 0.5 percent, Anz 0.4 percent, Westpac fell 0.4 percent.
As a currency, the Australian dollar was traded on Monday in 65,24 ¢ US 65.15 USA.
AAP
