The COB from ausbiz

The ASX 200 climbed higher this afternoon, finishing up 1.9%, after the RBA announced a 15 basis point rate cut to a record low 0.1% and a $100 billion bond buying program.


Listen Later

The energy sector surged 5.3% due to a pop in crude prices and Beach Energy's (up 7.4%) purchase of Senex's Cooper Basin assets. Property (up 2.7%), gold (up 2.6%) and consumer discretionary (up 2.5%) were also strong gainers. So, strap yourselves in for tomorrow's US Election. We have a host of expert commentators joining us, in the US and locally, to analyse the results and what they mean for your investments. We're live from 8:30am AEDT. S&P futures are currently up around 0.5%. Our top three VODs today are:

RBA cuts rate to record low 0.1% to get "the pedal to the metal"; $100b QE program announced

Credit Suisse: We're big on banks, supermarkets and commodities

The hidden story: US 10-year yields hit their highest in two years


Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

The COB from ausbizBy ausbiz


More shows like The COB from ausbiz

View all
CommSec Market Update by CommSec

CommSec Market Update

13 Listeners

Motley Fool Money by LiSTNR

Motley Fool Money

87 Listeners

NAB Morning Call by Phil Dobbie

NAB Morning Call

19 Listeners

The Money Puzzle by The Australian

The Money Puzzle

49 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

55 Listeners

The Rules of Investing by Livewire Markets

The Rules of Investing

10 Listeners

Your Wealth by NAB

Your Wealth

6 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

23 Listeners

Buy Hold Sell, by Livewire Markets by Livewire Markets

Buy Hold Sell, by Livewire Markets

3 Listeners

The Call from ausbiz by ausbiz

The Call from ausbiz

8 Listeners

FEAR & GREED | Business News by Fear and Greed

FEAR & GREED | Business News

9 Listeners

Investing Compass by Morningstar Australia

Investing Compass

28 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

35 Listeners

Chanticleer by Australian Financial Review

Chanticleer

13 Listeners

5 in 5 with ANZ by ANZ

5 in 5 with ANZ

7 Listeners