Australian shares dived on Friday in one the largest single session declines of the year, as fears intensified that the Reserve Bank would have to resume its aggressive run of rate hikes.
At the closing bell, the benchmark S&P/ASX200 index shed 1.4 per cent, or 107.1 points, to close at 7575.9, with all 11 industry sectors finishing in the red. Across the shortened trading week ...
Australian shares dived on Friday in one the largest single session declines of the year, as fears intensified that the Reserve Bank would have to resume its aggressive run of rate hikes. At the ...
After stronger than expected economic data, traders have built up bets that the Reserve Bank could hike interest rates again. At the closing bell, the benchmark S&P/ASX200 index shed 1.4 per cent ...