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Posted by
Two Blokes Jul 6 -
Filed in
General
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#TwoBlokesTrading
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7 views
This week was heavily focused around the US with Indices hitting almost daily all-time highs in a stringent euphoric mood, with markets turning from War fears back to 'TACO' trades, bullish on global economic outlook. The Reserve Bank of Australia, after cutting its cash rate by 25 bps to 3.85% in May, is widely expected to shave another 25 bps to around 3.60% at its upcoming meeting as inflation cools but global headwinds linger.
