Market Close 08 Jul 25: RBA shocks with interest rate decision

The market has dropped slightly today but the drops could have been more significant with the expected rate cut not coming to fruition.  Laura and Stevie discuss the shock decision, and the upcoming things to watch that could speak to a cut in August.  Tariff discussions continue to keep markets on edge, the sectors had mixed performance with consumer staples taking the biggest hit, and they look to the day ahead. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.