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Tech and banks lead $35b ASX rebound; RBA ahead

Summary

  • The ASX 200 added as much as 2% to climb back above 6000 at Tuesday's open. Tech and financials surged
  • US and Euro stocks rose overnight, with a new record high for the NASDAQ 
  • Few surprises are expected out of today's RBA meeting. Governor Philip Lowe will release a statement at 2.30pm AEST. 
  • Iron ore is up 5% to $US116.03 a tonne. Brent crude rose 0.8% and US oil climbed 1.3%

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