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Market flat despite RBA minutes: Afternoon market insights

The Australian sharemarket was largely flat today, despite September’s RBA minutes showing the central bank thinks it has ‘room to cut’ interest rates in the future. The ASX200 lost 0.02% to 4401.8, while the broader All Ordinaries gained 0.06% to 4424.6. The Australian dollar dipped to $US1.04655.
Myriam Robin
Myriam Robin

The Australian sharemarket was largely flat today, despite September’s RBA minutes showing the central bank thinks it has ‘room to cut’ interest rates in the future.

The ASX200 lost 0.02% to 4401.8, while the broader All Ordinaries gained 0.06% to 4424.6.

The Australian dollar dipped to $US1.04655.