2024-08-06 13:36
IndustryMarket Update
- Nikkei rebounds back 10% on the day after a massive selloff yesterday seeing it drop 12%, losing 4000 points along the way after a massive drop of the USDJPY
- RBA decides to hold rates at 4.35% with inflation remaining above the target and persistent
Main outlook: gold markets looking fresh as imminent cut rates and middle east tensions rising despite heavy selloff yesterday
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Australia | 2024-08-06 13:36- Nikkei rebounds back 10% on the day after a massive selloff yesterday seeing it drop 12%, losing 4000 points along the way after a massive drop of the USDJPY
- RBA decides to hold rates at 4.35% with inflation remaining above the target and persistent
Main outlook: gold markets looking fresh as imminent cut rates and middle east tensions rising despite heavy selloff yesterday
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