Australian shares gain on prospects for global rate cuts; NZ up
Australian shares rose on Thursday, with
the benchmark index nearing a 12-year high and the sub-index for
financial stocks at its highest since March 2018 as investors
expected imminent interest rate cuts in Europe and the United
States.
the benchmark index nearing a 12-year high and the sub-index for
financial stocks at its highest since March 2018 as investors
expected imminent interest rate cuts in Europe and the United
States.
Posted by Reuters