End of Day Report – Tuesday 2 July: RBA minutes point to potential August rate hike.
The ASX 200 has finished down 33 points (-0.42%) to 7718, RBA meeting minutes passing quietly through the market while revealing a possible August rate hike. Energy was the only sector with significant gains as oil and coal stocks tracked their respective commodities higher. WDS up 3.1%, gaining strength throughout the session. KAR missing out, sold off from a positive open. Down 0.3%. WHC backed up its 6.3% rise yesterday with another 5.7% gain.
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