ASX to start down 1.3pc ahead of an RBA-packed week - The Australian Financial Review
5/1/2022 12:00:00 AM3 yearsago
by Cecile Lefort
by Cecile Lefort
Investors are bracing for an unsteady start on Monday with shares expected to open sharply lower ahead of a possible cash rate increase on Tuesday.
But Shane Oliver, chief economist at AMP, remains confident that Australian shares will outperform over the medium term thanks to the commodity super cycle and the ASXs low exposure to tech stocks. … [+3441 chars]
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