Global interest rate decisions loom for 10 central banks | Englishheadline


CommSec’s Tom Piotrowski says over the next couple of days 10 central banks globally will be making their interest rate decisions.

In anticipation of this, a “pensive note” has been struck by market investors, particularly in the US.

“In the US, we had the Dow down by a third of a per cent,” Mr Piotrowski told Englishheadline Australia.

“The S&P 500 down by a quarter of a per cent, with a similar decline for the NASDAQ.

“We did see a bump higher for interest rates, not aggressively … they’re modest moves under the circumstances.”

Presented by CommSec.

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