RBA holds fire; energy stock sell-off
On the Money Source: Getty
Despite solid gains by the gold miners, a sell-off in energy stocks – fuelled by a continued decline in oil prices – has dragged the Australian sharemarket. For more, Stephanie Youssef spoke with Jonathan Shead, Head of Investment at State Street Investment Management. Plus, the Reserve Bank left interest rates unchanged at 3.6 percent, as expected, at its September board meeting. For more, Stephanie Youssef spoke with Pradeep Philip from Deloitte Access Economics.
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