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Weekly Wrap 27 September

Bell Direct
September 27, 2024

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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