The ASX200 closed up a 0.27% at 8,121 points, as the market came within a whisker of a record in intra-day trade. While the US market does not open until tonight Sydney time, US futures have been flat all day since news broke of further political turmoil in the US; markets continue to predict a -25 basis points rate cut from the Fed on Wednesday New York time. The Gold price continues to traverse record highs and has been US$2,585 per ounce. Commentators describe gold’s ascent as a “natural” rise ahead of expected fed cuts and not Trump. Chinese property investment data also continues to refle…
