Axiory Market Commentary With Tomasz Wisniewski | Aug. 2

By Tomasz Wisniewski|

Published: August 02 2022, 09:27 GMT+0

Axiory Market Commentary With Tomasz Wisniewski | Aug. 2

In today’s Market Commentary Tomasz takes a closer look at the Reserve Bank of Australia’s decision to raise rates while also abandoning forward guidance, perceived as a very dovish stance and a negative for the Australian Dollar, which has sharply declined. Also on the decline are stocks, on the heels of US House Speaker Nancy Pelosi’s Taiwan visit on Tuesday. She will be the highest-ranking American politician to visit in 25 years.

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