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BHP’s big gamble, ASX & AUD tumble, COVID could trigger more RBA support

BHP’s big gamble, ASX & AUD tumble, COVID could trigger more RBA support

FEAR & GREED | Business News · Fear and Greed

August 17, 202112m 32s

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Show Notes

Wednesday 18th August 2021 

BHP will divest its oil and gas business, buy into potash, and drop its London listing in the biggest change for the company in two decades.

Also today:

  • The local share market tumbles on disappointing earnings results, while the Aussie dollar falls below 73 US cents.
  • The Reserve Bank leaves open the possibility of providing more support for the economy
  • And another dreadful day on the COVID front.

Find out more: https://fearandgreed.com.au/

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