Market Close 04 July 23: Shares jump while interest rates stay steady

Stevie is flying solo for tonights market close update. The market closed up for a third session along with 6 of the 11 sectors. This was after the highly anticipated interest rate announcement resulted in unchanged interest rates. There have been 12 rate hikes since May 2022 and encouraging signs of slowing inflation last week. Find out which stocks improved following the Aussie central bank’s decision, what might be next for interest rates and some key things to watch in the next 24 hours. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

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