ASX 200 rises amid RBA watch; BHP leads iron ore falls; Woodside down; RBNZ rate call
Commodity price falls, China disappointment weigh on Aussie producers. Property market healthy, says REA. 'Valuable lessons' from costly Covid loans: RBA. NZ's central bank tipped to cut rate by 50 basis points.
Welcome to the Trading Day blog for Wednesday, October 9. The ASX 200 index is up 0.5 per cent to 8218 points at 11.30am AEDT with nine of the 11 sectors in the green. Miners, energy producers are dragging the market. Wall Street closed higher on tech gains.
The Aussie dollar is trading around US67.39c.
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Originally published as ASX 200 rises amid RBA watch; BHP leads iron ore falls; Woodside down; RBNZ rate call