VIDEO: Why the RBA raised interest rates on Cup Day for the fifth time
Published . Updated .
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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| EWA | +0.15% | +0.71% | base | after close | after close | after close | after close |
| BWX | -0.05% | -0.07% | base | after close | after close | after close | after close |
| EFA | -0.13% | +0.62% | base | after close | after close | after close | after close |
| BHP | +3.20% | +2.21% | base | after close | after close | after close | after close |
| IREN | +24.51% | +19.20% | base | after close | after close | after close | after close |
| MESO | -9.45% | +7.69% | base | after close | after close | after close | after 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
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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
| Company | When | Move | Status |
|---|---|---|---|
| BHP | three days earlier | +2.21% | final price |
| BHP | five days earlier | +3.20% | final price |
| BWX | three days earlier | -0.07% | final price |
| BWX | five days earlier | -0.05% | final price |
| EFA | three days earlier | +0.62% | final price |
| EFA | five days earlier | -0.13% | final price |
| EWA | three days earlier | +0.71% | final price |
| EWA | five days earlier | +0.15% | final price |
| IREN | three days earlier | +19.20% | final price |
| IREN | five days earlier | +24.51% | final price |
| MESO | three days earlier | +7.69% | final price |
| MESO | five 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.