Evening Report: ASX Snaps 7-Day Losing Streak As RBA Cuts Rates

The Aussie market has snapped its 7-session losing streak as the RBA cut interest rates to fresh all-time lows. The ASX 200 ended off session highs as the banks faded into the close, the big four finishing at least 1% weaker. Markets are reacting to central banks around the world looking to encourage economies amid the coronavirus outbreak.