the daily moo

Australian market hinges on today's RBA rate decision


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The Reserve Bank of Australia will decide whether or not to change the cash rate today, which the markets are fully expecting to be a cut. Any change may impact the local market, which is off to a strong start this morning. Lithium miners soared yesterday, leading the S&P/ASX 200 higher. But the US market was down overnight. Though Tesla could be set for a 'technical' breakthrough.

Stocks mentioned include Circle, Coreweave, Coronado Global, Iress, JB Hi-Fi, Liontown Resources, Mineral Resources, Pilbara, Tesla

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the daily mooBy Moomoo Australia & New Zealand