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Australian shares fall as cenbank raises interest rates, flags more hikes
Featured On: hotcopper
"The central bank did not wait for federal elections or March-quarter wages data due this month before raising interest rates. This has fuelled speculations that the RBA could take a more aggressive approach to cash rate in the coming months," said Kunal Sawhney, chief executive officer of Kalkine Group.
Read Original Article...ASX Update: Seven-week low as recession fears mount
Featured On: The Market Herald
"The Australian share market seems to be replicating the trend seen on the US stock market last night, with all sectors trading in the red territory. Much like Wall Street, the technology stocks are seen to be driving losses in the benchmark index amidst interest rate hike concerns,” Kalkine Group CEO Kunal Sawhney said.
Read Original Article...Australian shares fall as cenbank raises interest rates, flags more hikes
Featured On: nasdaq
"The central bank did not wait for federal elections or March-quarter wages data due this month before raising interest rates. This has fuelled speculations that the RBA could take a more aggressive approach to cash rate in the coming months," said Kunal Sawhney, chief executive officer of Kalkine Group.
Read Original Article...Australian shares fall as cenbank raises interest rates, flags more hikes
Featured On: Newsbreak
"The central bank did not wait for federal elections or March-quarter wages data due this month before raising interest rates. This has fuelled speculations that the RBA could take a more aggressive approach to cash rate in the coming months," said Kunal Sawhney, chief executive officer of Kalkine Group.
Read Original Article...Australian shares fall as cenbank raises interest rates, flags more hikes
Featured On: Nasdaq
"The central bank did not wait for federal elections or March-quarter wages data due this month before raising interest rates. This has fuelled speculations that the RBA could take a more aggressive approach to cash rate in the coming months," said Kunal Sawhney, chief executive officer of Kalkine Group.
Read Original Article...Australian shares fall as cenbank raises interest rates, flags more hikes
Featured On: tradingview
"The central bank did not wait for federal elections or March-quarter wages data due this month before raising interest rates. This has fuelled speculations that the RBA could take a more aggressive approach to cash rate in the coming months," said Kunal Sawhney, chief executive officer of Kalkine Group.
Read Original Article...