Indices: Australian ASX 200
The ASX200 rallied strongly yesterday to close up +1.1% enjoying further broad-based buying which saw 75% of the index close in positive territory for the day as we closed above the last 3-weeks high. Similar to US indices the ASX enjoyed some strong buying in the IT stocks following the Feds rate hike and hawkish comments which illustrated how crowded the anti-growth stance had become at the start of the week, remember the statistics…
Really bullish, there's more to go in the reflation rally
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