Australian markets continue digesting the central bank's decision to lift the cash rate to a 15-year high, with the currency sliding as the dollar strengthens abroad on rising Trea
Australian markets continue digesting the central bank's decision to lift the cash rate to a 15-year high, with the currency sliding as the dollar strengthens abroad on rising Treasury yields. The regulator's announced review of AI use in banking adds a fresh layer of scrutiny for the financial sector. Domestic headlines remain dominated by local incidents and an El Nino-driven drought threat, with little in the way of earnings catalysts to shift the cautious mood.
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