Australian market stabilises despite global markets diving | ABC News
Australian stocks have stabilised despite yesterday’s sell-off and ructions through global markets.
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Read more here: https://www.abc.net.au/news/2024-08-06/rba-interest-rates-asx-markets-business-live-news/104186356
Mark Cudmore from Bloomberg says the scale of the moves in overseas markets means many banks will continue to sell stocks to minimise risk.
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Credit to : ABC News (Australia)
