Live: ASX 200 climbs 1.4pc, AUD falls after RBA holds rates; ANZ profit down, $2bn buyback; AGL's earnings upgrade
RBA board considered a rate hike, 'not ruling anything in or out'. Inquiry wants steps to combat supermarket giants' power. Earnings upgrade lifts AGL. ANZ profit down, $2bn buyback ahead. Sims tanks.
Welcome to the Trading Day blog for Tuesday, May 7. The ASX 200 index extended its gains after the RBA rate call and closed 1.4 per cent higher at 7793.30 points.
Nasdaq led gains on Wall Street overnight. The Aussie dollar is trading around US65.93c, falling after the RBA decision.
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