Tag: Australian dollar


  • ASX Hits Record High Again as Unemployment Rises and Rate Cut Bets Return

    ASX Hits Record High Again as Unemployment Rises and Rate Cut Bets Return

    ASX Reaches New Record High on Jobs Data and Rate-Cut Bets The Australian share market surged to another record high as September unemployment data highlighted a softer jobs market, reviving expectations for further cuts to the cash rate. Traders pushed risk assets higher on the prospect that the Reserve Bank of Australia (RBA) could ease…