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Sky News Business Reporter Edward Boyd says “Aussie shares have rallied a little bit” after dropping down “5.3 per cent after two hours of trading”.

Sky News Business Reporter Edward Boyd says when the ASX opened on Tuesday morning, it "lost four per cent", which "roughly equates to $70 billion in value".

Sky News business reporter Edward Boyd says the government needs to prioritise assistance for businesses worst affected by the coronavirus outbreak.

Sky News Business Reporter Edward Boyd says it is “unfortunate” that “we are back in the red” on Wednesday after such a positive session on Tuesday.

The Reserve Bank of Australia has cut interest rates by 25 basis points in a move which Sky News Business ReporterEdward Boyd said was "widely expected".

Sky News Business Reporter Edward Boyd says Australia “should expect an interest rate cut” on Tuesday because the economy has been weakened by bushfires and the coronavirus.

Sky News business reporter Edward Boyd says there is “pretty much a 90 per cent chance” the Reserve Bank of Australia will cut interest rates on Tuesday.

Sky News Business Reporter Edward Boyd says Coles has "admitted that its review into its pay is still ongoing, so the amount it owes employees could be higher than $20 million".

Sky News Business Reporter Edward Boyd says “the market reaction has been very positive and JB Hi-Fi shares are up about seven per cent in early trade”.

Sky News Business reporter Edward Boyd says the ASX opened higher on Friday morning, "brushing off some of the global concerns around the coronavirus".

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