Oz Blog News Commentary

Macro Afternoon

July 5, 2022 - 16:30 -- Admin

Asian share markets are doing well despite the lack of an overnight lead from Wall Street. The defensive USD is keeping Pound Sterling and Euro at bay, with Yen also weakening while the  Australian dollar was essentially unchanged after the RBA raised rates 50bps as expected this afternoon, remaining depressed at the mid 68 cent

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