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ASX 200 falls from record high; RBA didn't consider a rate hike; Hanwha, Austal confirm talks

Inflation 'high' but returning to target: RBA minutes. Austal gains on Hanwha takeover talks. Mesoblast surge continues. Orora slumps on earnings, Saverglass downgrades. Brickworks CEO's 25-year reign ends. 

Economic data and rates are back in focus for investors returning from the Easter break. Picture: Gaye Gerard
Economic data and rates are back in focus for investors returning from the Easter break. Picture: Gaye Gerard

Welcome to the Trading Day blog for Tuesday, April 2. The ASX 200 index closed 0.1 per cent lower at 7887.90 points, after hitting a new intraday high earlier in the session.

The index hit a fresh intraday record of 7910.5 points, but has given up all of its gains to trade below its all-time closing high of 7896.9 points, which it reached on Thursday. The Aussie dollar is trading near US64.90c.

Originally published as ASX 200 falls from record high; RBA didn't consider a rate hike; Hanwha, Austal confirm talks

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Original URL: https://www.thechronicle.com.au/business/asx-200-on-rba-watch-synlaits-debt-woes-loss-wall-street-down-as-trump-media-dives/live-coverage/0c7f8a4fb9598683bffa24cb4cb9bb5d