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ASX 200 closes up 2 to 7530 after RBA leaves rates unchanged. Early weakness sees buyers return grinding out a positive day on better Chinese data and RBA comments on rate rises. Banks were slightly lower with the Big Bank Basket down slightly to $184.92, NAB being the worst, performer off 0.7%. Insurers and other financial held fast, healthcare better with CSL up 1.5% and COH up 2.0%.

Resources and iron ore stocks under pressure still. FMG down 3.1%

Industrials mixed, Tech stable with the All-Tech Index up 0.5% and APT off 0.1%. Iron ore miners eased again, FMG continued to slide down another 3.1%, RIO off 1.8% and BHP down 0.4%. Base metal stocks eased too and oil and gas plays barely changed. Not much corporate action today although MMM failed to deliver falling 10.3% as WOW sold down its holding and MCR raised $65m returning to trade 8.3% lower.

European markets looking at a slightly weaker open.