Send weekly trading update—21st October 2024

Send weekly trading update—21st October 2024

In The News Today! 🌏 – Market Conditions and What to Look out for this Week 🗓️

RBA and Global Rate Cuts:

  • The RBA is expected to hold rates until May next year after strong domestic employment data slashed the chances of a rate cut this year.

  • Rate cuts from other central banks, such as the Fed in America and the RBNZ, are pressuring discussions on potential easing elsewhere.

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