RBA Expected to Maintain Rates Amid US-Iran Deal
Wall Street rallied overnight, with the Dow closing at a fresh high. Here, the cash rate is widely forecast to remain unchanged at 4.35 per cent, after three consecutive rate hikes this year. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
Wall Street experienced a significant rise overnight, with the Dow reaching a new peak. The cash rate is anticipated to stay at 4.35 per cent, following three rate increases this year. Analysts expect the RBA to keep interest rates unchanged. The stock market has seen a surge due to the potential US-Iran agreement. Business reporters are covering the latest developments on the ABC News live markets blog. Investors are closely watching the economic implications of the deal. The decision on interest rates could influence market stability.
The decision on interest rates and the potential US-Iran deal have significant implications for global financial markets.
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