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Markets Live: Banks pull ASX to 2017 low

The ASX 200 index has fallen below the 5600 support level for the first time this year, led down by heavy losses in Macquarie, ahead of the RBA's first rates decision of 2017.

  • Gold stocks extend their phenomenal rally as the precious metal's price shoots to a three-month high
  • Experts will be keeping an eye out for signs the RBA is becoming less positive on the economy
  • Macquarie expects to come close to repeating last year's record profit despite softer patch in some divisions 
  • Transurban has raised its full-year dividend guidance after interim net profits rose 42 per cent to $88 million 

Fairfax Media Australia

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