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ASX 200 is up 21 points in cautious trade ahead of the RBA tomorrow. Banks are firm and WBC results helping with the stock up 3.6% on a $1.5bn buyback and a $7.2bn profit. MQG giving back some of its gains fro

Pre-market Podcast

US equities rose sharply higher overnight, a day after the Fed hinted it may be done with interest rate hikes and a batch of upbeat quarterly earnings updates added to the bullish sentiment. The Dow ended near best levels, up 565 points (1.70%). Dow traded higher all day, with a high of +578 points and a low of +175 points. The S&P 500 posted its fourth consecutive gain and its biggest one-day percentage gain since April, up 1.89%.

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