ASX 200 up 0.3pc; US Fed, BoE, BoJ rate decisions, Aus Aug jobs data in focus
Alcoa rises on $US1.1bn cash-scrip Saudi stake sale. Austal soars on $670m US shipyard expansion contract. Fair Work Commission lands Virgin pilots deal. Police & Nurses Limited calls off merger with Beyond Bank.
Welcome to the Trading Day blog for Monday, September 16. The ASX 200 index closed 0.3 per cent higher to 8121.60 points. Wall Street closed Friday with gains ahead of the US Fed's first rate cut since 2020.
The Aussie dollar is trading around US67.26c at 5pm AEST.
More Coverage
ASX 200 down; forgettable day for NAB, MinRes
NAB's share price slumps as margin strain dents earnings. Corporate Travel soars. MinRes' big loss triggers double-digit dive. Profitable Goodman taps investors for $4bn. December quarter wages growth misses expectations. RBNZ cuts cash rate by 50 basis points.
RBA delivers ‘hawkish’ rate cut; ASX down
Reserve Bank cuts rates 25 basis points, takes official cash rate to 4.1 per cent. First cut in more than four years. NAB, Westpac, CBA and ANZ lower home loan rates. Qatar-Virgin deal gets ACCC nod. Gold to outshine $US3000: UBS, Goldman.