The ASX 200 climbed higher this afternoon, finishing up 1.9%, after the RBA announced a 15 basis point rate cut to a record low 0.1% and a $100 billion bond buying program. - a podcast by ausbiz
from 2020-11-03T06:12:49
The energy sector surged 5.3% due to a pop in crude prices and Beach Energy's (up 7.4%) purchase of Senex's Cooper Basin assets. Property (up 2.7%), gold (up 2.6%) and consumer discretionary (up 2.5%) were also strong gainers. So, strap yourselves in for tomorrow's US Election. We have a host of expert commentators joining us, in the US and locally, to analyse the results and what they mean for your investments. We're live from 8:30am AEDT. S&P futures are currently up around 0.5%. Our top three VODs today are:
RBA cuts rate to record low 0.1% to get "the pedal to the metal"; $100b QE program announced
Credit Suisse: We're big on banks, supermarkets and commodities
The hidden story: US 10-year yields hit their highest in two years
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