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Weekly Wrap 27 September
The Aussie market experienced investors grapple with rate hike decisions, economic uncertainties, and surprising corporate news this week. The RBA maintained its cash rate at 4.35%, while the Federal Reserve faces increasing pressure to avoid a recession. Amidst this backdrop, luxury fashion platform Cettire (ASX:CTT) delivered impressive financial results, defying economic headwinds.
In this week’s wrap, Grady covers:
- (0:24): the RBA’s decision to hold the cash rate despite inflationary pressures
- (1:56): how the US economy has reacted to the Fed’s rate hike strategy
- (2:35): Cettire’s strong financial results
- (4:32): how the ASX200 performed this week so far
- (5:18): the most traded stocks & ETFs by Bell Direct clients
- (5:48): economic news items to watch out for.
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