The ASX 200 falls another 44 points to 7582 (-0.6%). Off the lows and relatively unchanged post the RBA decision to keep rates unchanged and a surprising bias to the upside on rates. Growth forecasts were downgraded slightly. Once again banks were steady despite flashing overbought levels, CBA down 1.0%. The Big Bank Basket $198.15 (-0.5%), MQG dropped 1.0%, with GQG pushing ahead up 2.9% on Indian exposure. MFG up 1.3% on FUM numbers. REITs under a little pressure as bond yields rose, GMG down 1.3% and GPT off 2.0%. Tech slipped as the All-Tech Index fell 0.9%, with WTC down 3.9% and XRO off 2.8%. Industrials holding firm, healthcare mixed with COH down 6.9% on a broker downgrade, CSL up 0.6% and RMD off 0.8%. Resources once again led the falls, iron ore falling again, BHP down 1.0% with RIO off 0.6% and FMG slipping 2.9%. Lithium stocks once again smashed, PLS off 1.5% and MIN down 1.7%. Gold miners are under a little pressure, NST off 0.8% and NEM down 1.2%. Oil and gas unchanged, coal stocks are a little weak on falling coal prices. In corporate news, MYR ran hard on slightly better numbers, up 14.3%, and NCK had a great day, up 16.6% on better-than-expected numbers, beating guidance. On the economic front, retail sales a little underwhelming, with the RBA adopting a slightly hawkish bias. Asian markets seeing some signs of recovery with Chinese moves to bolster the market. HK up 3.3%, and China up 1.9%. India Nifty 50 up 0.2%. 10Y yields up to 4.155%. Dow Futures up 1 point. NASDAQ Futures up 47 points. European markets expected to open slightly higher. UBS results in focus.

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