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ASX 200 rises amid RBA watch; BHP leads iron ore falls; Woodside down; RBNZ rate call

Commodity price falls, China disappointment weighs on Aussie producers. Property market healthy, says REA. RBA's Christopher Kent to discuss findings of a review into its cheap bank loans. NZ's central bank tipped to cut rate by 50 basis points. 

Local and global economic updates are driving commodity price swings, making for a rollercoaster equity ride. Picture: Gaye Gerard
Local and global economic updates are driving commodity price swings, making for a rollercoaster equity ride. Picture: Gaye Gerard

Welcome to the Trading Day blog for Wednesday, October 9. The ASX 200 index is up 0.4 per cent to 8207.70 points at 10.15am AEDT with nine of the 11 sectors in the green. Miners, energy producers are a drag. Wall Street closed higher on tech gains.

The Aussie dollar is trading around US67.43c.

Originally published as ASX 200 rises amid RBA watch; BHP leads iron ore falls; Woodside down; RBNZ rate call

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Original URL: https://www.dailytelegraph.com.au/business/companies/asx-200-to-rise-amid-rba-watch-rbnz-rate-call-magnificent-seven-lead-us-gains-as-oil-slips/live-coverage/06329e871cc489b3e7e248790517bbde