Transurban chief executive Scott Charlton will leave the toll road operator at the end of 2023 after eleven years at the top. Follow updates here:
Australian shares are set for a muted open as investors await Tuesday’s policy decision by the Reserve Bank. US shares were lower to start their week; US Treasury yields rose on bets the Federal Reserve has more room to raise interest rates.
The RBA is poised to lift the cash rate 0.25 per cent. It is scheduled to release its decision at 2.30pm AEDT.Tuesday’s reporting agenda: Centuria Capital | Cettire | Macquarie Group | Transurban | Region Group .Tesla +2.5% Apple -1.7% Amazon -0.9% Alphabet -1.7% Newmont slid 4.4 per cent in New York after lobbing its blockbuster $24.4 billion bid for ASX-listed Newcrest Mining.
The local currency slid 0.6 per cent to US68.81¢ near 7am AEDT; the Bloomberg dollar spot index was 0.6 per cent higher.The yield on the US 10-year note surged 10 basis points to 3.63 per cent at 3.03pm in New York. On Wall Street, all three major benchmarks were lower, continuing to pull back after the January jobs data shock.
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