With the prospect of a US government shutdown earlier in the week causing a sell-off on Wall St, and subsequently, global markets, the last-minute stopgap bill passing by Congress slightly eased investor sentiment. The merry-go-round in the US keeps turning.
Also, this week, the RBA held the nation’s cash rate at 4.1% for a fourth straight month.
In this week’s wrap, Grady covers:
Read article transcript here.