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The New Daily
The New Daily
Business
Tony Sycamore

The RBA’s welcome prediction and surprising results fuel market this week

The rebound in US stockmarkets extended this week, supported by the continued flow of better-than-expected Q2 earnings reports and resilient economic data.

The ASX200 poked its head back above 7000 for the first time since early June, supported by a rebound on Wall Street and a dovish surprise from the RBA at its meeting this week.

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