Australian Investment Blog

• The ASX 200 had a choppy session, ending 39 points higher (+0.7%) at 5872 after trading as high as 5888.• The banking sector faded from its morning rally, despite comments from the RBA Minutes being no different from what most investors have expected - another rate cut this year is not off the agenda. • RIO Tinto (RIO) rallied 84c (+1.5%) to $55.50 even after surprising investors its quarterly numbers. – A 12% fall in iron ore exports! • The battered Copper-gold company, OZ Minerals (OZL) rallied 6.2% to $4.13 after pleasing investors with its updated strategy and quarterly report.• We look forward to hearing your questions in our webinar presentation at 4.30pm!