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Commonwealth Bank of Australia (ASX:CBA)

Banks

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Commonwealth Bank of Australia (ASX: CBA) is Australia’s largest bank, with commanding market share of mortgages, credit cards and personal lending markets. It has over 16 million customers, 14 million are in Australia. It is entrenched in the Australian payments ecosystem and financial marketplace.

Commonwealth Bank of Australia (ASX:CBA) share price

Commonwealth Bank of Australia (ASX:CBA) share price news

ASX Bank Shares
James Dunn

Banks lead S&P/ASX 200 (INDEXASX:XJO) lower

The Australian sharemarket closed at its lowest point in 11 months on Wednesday, hampered by a weak lead-in from Wall Street, and its interest-rate worries.

ASX Bank Shares
James Dunn

S&P/ASX200 (INDEXASX:XJO) feels the rates heat

The Australia share market retreated to a six-month low on Tuesday, as global markets felt the pressure from surging bond yields – despite, in Australia’s case, the Reserve Bank leaving the official cash rate on hold at 4.1 per cent, for a fifth straight month.

ASX Bank Shares
James Dunn

Traders stay on sideline ahead of October rates call

It was relatively quiet on the ASX on Monday with traders eyeing the Reserve Bank of Australia’s latest interest-rate decision, to be announced today (and a public holiday in most states dampening activity further).

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