Fundamental Insight:
No hike and dovish RBA as expected, they use geopolitical risk as excuse. AUS200 slump after the announcement, good long here as there's easing tension on Ukraine crisis, and bullish on US indeces too as now market betting for 25bps hike only.
No hike and dovish RBA as expected, they use geopolitical risk as excuse. AUS200 slump after the announcement, good long here as there's easing tension on Ukraine crisis, and bullish on US indeces too as now market betting for 25bps hike only.