Closing Bell: ASX Bets on July Rate Cut as Employment Data Lands
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Closing Bell: ASX bets on July rate cut as employment data lands
Markets pricing a 78pc chance of rate cut following labour data Unemployment levels remained steady ASX dips on broad weakness in tech, resources and healthcare stocks The ASX ended up in negative territory this afternoon, but not by much (-0.09%). It wasn’t the worst performance, considering how many headwinds global markets are dealing with at present. There’s the lingering threat of more tariffs from the US alongside the more pointed tensio…
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