Closing Bell: Interest piqued? Not for sliding local markets on Rates Day

The interest rate rise came and the markets fell, then turned a corner. The question now is — will the wheels stay on? Already lagging, the ASX Emerging Companies (XEC) index has closed 0.8% lower. The benchmark has closed 0.4% behind. The ASX200 (XJO) index fell after the Reserve Bank of Australia lifted the official … Continue reading Closing Bell: Interest piqued? Not for sliding local markets on Rates Day