ASX 200 live: RBA decision day; Trump tariffs keep equity markets on edge; AVJennings takeover

RBA board holds cash rate at 4.1pc, 'did not explicitly discuss rate cuts' says Bullock as focus shifts to May. ASX lifts 1pc. Housing groups welcome Coalition promise to drop mortgage buffer.

Economic commentary by the Reserve Bank will be closely parsed on Tuesday. Picture: Gaye Gerard

Welcome to the Trading Day blog for Tuesday, April 1. The ASX 200 index closed 1 per cent higher to 7925.20 points on a sea of green after the Reserve Bank's decision to keep rates on hold at 4.10 per cent.

On Wall Street, major indexes marked their worst quarter since 2022 after the S&P 500 and Dow Jones indexes closed 0.6 per cent and 1 per cent higher, respectively, and the tech-heavy Nasdaq index closed 0.1 per cent lower.

Cryptocurrency giant bitcoin is sitting above $US83,000 at 5pm AEDT.

The Aussie dollar was trading around US62.54c.

Originally published as ASX 200 live: RBA decision day; Trump tariffs keep equity markets on edge; AVJennings takeover