ASX closes up 0.4pc; RBA rules out rate cuts
Local shares finish higher after major sell off. RBA governor Michele Bullock says there will be no interest rate cut in the next six months. Wall Street bled overnight amid a global sell-off.
Welcome to the Trading Day blog for Tuesday, August 6th. The ASX 200 has closed 0.4 per cent higher at 7680.6 points following Monday's bloodbath and after US markets dived overnight.
The Aussie dollar is trading around 65.063c.
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