Geopolitics Alpha

VIDEO: Why the RBA raised interest rates on Cup Day for the fifth time

Published . Updated .

GEOPOLITICS ALPHAVIDEO: Why the RBA raised interestrates on Cup Day for the fifthtimeGEOPOLITICS ALPHA

VIDEO: Why the RBA raised interest rates on Cup Day for the fifth time ABC News & Headlines – Australian Broadcasting Corporation

Directly affected

  • No company is named in this report.

Indirectly affected

  • EWA iShares MSCI Australia ETF+2.2% 30d

    iShares MSCI Australia ETF holds stocks listed in Australia, which this story is about (“rba”).

  • BWX SPDR Bloomberg International Treasury Bond ETF

    SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Australia

  • EFA iShares MSCI EAFE ETF-1.8% 10d

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Australia

  • BHP BHP Group-6.7% 30d

    BHP Group (metal mining) is one of the largest Australia-based companies traded in the US, so news about Australia (“rba”) reaches its shares.

  • IREN Iren-35.6% 30d

    Iren (finance services) is one of the largest Australia-based companies traded in the US, so news about Australia (“rba”) reaches its shares.

  • MESO Mesoblast

    Mesoblast (biological products, (no diagnostic substances)) is one of the largest Australia-based companies traded in the US, so news about Australia (“rba”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
EWA+0.15%+0.71%baseafter closeafter closeafter closeafter close
BWX-0.05%-0.07%baseafter closeafter closeafter closeafter close
EFA-0.13%+0.62%baseafter closeafter closeafter closeafter close
BHP+3.20%+2.21%baseafter closeafter closeafter closeafter close
IREN+24.51%+19.20%baseafter closeafter closeafter closeafter close
MESO-9.45%+7.69%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

VIDEO: Why the RBA raised interest rates on Cup Day for the fifth time ABC News & Headlines – Australian Broadcasting Corporation

Source: ABC News & Headlines – Australian Broadcasting Corporation

This story

CompanyWhenMoveStatus
BHPthree days earlier+2.21%final price
BHPfive days earlier+3.20%final price
BWXthree days earlier-0.07%final price
BWXfive days earlier-0.05%final price
EFAthree days earlier+0.62%final price
EFAfive days earlier-0.13%final price
EWAthree days earlier+0.71%final price
EWAfive days earlier+0.15%final price
IRENthree days earlier+19.20%final price
IRENfive days earlier+24.51%final price
MESOthree days earlier+7.69%final price
MESOfive days earlier-9.45%final price

This story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“VIDEO: Why the RBA raised interest rates on Cup Day for the fifth time” scores 12 out of 100. The score uses 1 sources.