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RBA’s Lowe defends current target inflation: ASX closed 0.6% higher

25 Jul 2019 – The ASX closed 0.6% higher, just short of a record high. The All Ords extended its all time high. Iluka Resources (ASX:ILU) continues to fall as does Fortescue Metals Group (ASX:FMG). The Aussie dollar dropped as RBA Governor Philip Lowe spoke on the inflation target at lunch. And Global software company LiveTiles (ASX:LVT) has entered into a strategic partnership with UiPath.

Source: Finance News Network

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