RBA keeps Interest Rates steady

Tuesday, 7 June 2011 09:24

Reserve Bank of Australia held an interview meeting earlier this morning; Glenn Stevens, Governor, discussed the views on Interest Rates only to keep them steady at 4.75%. This was expected as no rush of an Interest Rate hike was imminent

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Aussie Interest Rates unchanged

Tuesday, 3 May 2011 08:34

The Reserve Bank of Australia announced its decision of keeping interest rates unchanged at 4.75%, as the previous value and as it was forecasted for this month. This is the fifth meeting that the cash rates have remained unchanged by RBA.

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Overnight and weekly wrap up

Saturday, 9 April 2011 11:53

  Overnight in the US treasuries and stocks dropped lower as inflation expectations surged and the markets continue to believe the Fed will lag behind other central banks in raising rates. As of this writing the US government has finally reached an agreement and agreed to cuts totally almost 38 billion dollars, the largest cuts […]

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Australia Overnight, flat results

Wednesday, 6 April 2011 08:01

Australian stocks are trading lower, taking a breather from the recent rally and lack of direction from offshore and profit taking.

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Australian currency drops following RBA rate announcement

Tuesday, 5 April 2011 12:57

Presumably pressured by the extremely high profit-taking high it reached at 1.0416, the AUD fell to 1.0315 against the US dollar- about 0.4%

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