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ASX 200 extends gains; RBA keeps rates at 4.1pc, Vocus bids $6.3bn for TPG assets

Bourse extends gains after RBA opts to leave rates on hold for a second month. Decision sends dollar diving. TPG rockets on $6.3bn Vocus bid. China steel production has peaked: Rio Tinto.

David Rogers, Valerina Changarathil and Matt Bell
Economic commentary and the RBA rates decision is on local investor radars. Picture: Gaye Gerard
Economic commentary and the RBA rates decision is on local investor radars. Picture: Gaye Gerard
less than 2 min read
6:04AMAugust 01, 2023.
Updated 5:12PMAugust 01, 2023
The Australian Business Network

Welcome to the Trading Day blog for Tuesday, August 1. The ASX 200 index is up 0.7 per cent to 7461.80 at  2.35pm AEST after the RBA left rates at 4.1 per cent.

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-to-rise-before-rba-call-wall-st-awaits-apple-amazon-results-jobs-data/live-coverage/a435e0f4831c2e6abfe5598445cf8edc