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Andaru

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- AndaruAndaru
  ·2022-06-08
  ok//@koolgal:With the latest interest rate rise of 50bp by the Reserve Bank of Australia (RBA), there is pressure on the share market prices as it will be more expensive for companies to borrow money to grow their business.Interest rate rises generally have a negative impact on the stock market. I predict that the ASX200 will close at 7093 on Friday. @Tiger_AU
  🔥Index Prediction: Guess Where the ASX200 Index Is Likely to Move This Week?
  @Tiger_AU：
  Guess where the $S&P/ASX 200(XJO.AU)$ may move this week? If you get the right answers, you can share 3000 Tiger Coins with other Tigers. Also, the first person who posts the right answers in the comments area gets 888 Tiger Coins!Australia's central bank raised its key cash rate by a surprisingly large 50 basis points to 0.85% on Tuesday and signaled yet more tightening would be needed as it battles to restrain surging inflation. It’s the biggest one-month increase in the official cash rate since February 2000 and only the second rise since November 2010. It also exceeded economists' expectations. Economists and banks had expected a step-up of either 0.25 or 0.4 percentage points to address inflati
  🔥Index Prediction: Guess Where the ASX200 Index Is Likely to Move This Week?
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