Australian shares remain in a cautious holding pattern as traders await the central bank's rate decision, with expectations for another hike keeping the four-week slide alive and t
Australian shares remain in a cautious holding pattern as traders await the central bank's rate decision, with expectations for another hike keeping the four-week slide alive and the local currency pinned near multi-month lows. Rate expectations continue to dominate sentiment, overshadowing corporate news flow. The AI headlines making waves locally center on data security and governance questions rather than market-moving earnings, leaving the tape largely driven by macro forces.
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