Market Close 3 Nov 21: ASX 200‘s best day in 4 1/2 weeks

The Australian sharemarket bounced back from Tuesday's declines, with its biggest daily advance in 4 1/2 weeks. The ASX 200 rose by 0.9% thanks to gains across most sectors. The RBA Governor pointed out in a press conference Tuesday afternoon that rate hikes in 2022 are 'extremely unlikely'.  

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