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| | | ... year results. In Australia, the market on Friday partially reversed its big sell-off with a solid finish after the Reserve Bank's positive comments about the economy. The benchmark S&P/ASX200 index was up 38 points, or 0.76 per cent, at 5,018.1 points ... |
| | | | ... on Friday, the March share price index futures contract was down six points at 4,961. In economic news on Friday, Reserve Bank of Australia (RBA) governor Glenn Stevens is to appear before the House of Representatives Standing Committee on Economics ... |
| | | | ... 3,667.04 points. Wall Street was closed for the President's Day public holiday. In economic news on Tuesday, the Reserve Bank of Australia releases the minutes of its February board meeting and the Australian Bureau of Statistics (ABS) releases January's ... |
| | | | ... said. "They [Australia's major banks] will need to take the term deposit rate lower," he said. Earlier this month the Reserve Bank left the official cash rate at 3%. He warned retail investors that as a low interest rate environment makes itself know ... |
| | | | ... since December 2010 -- from 100.6 in the previous month. But...but, but wasn't it exactly just a week ago that the Reserve Bank of Australia (RBA) lowered its growth outlook for this year? And we have it in black and white. In its quarterly Statement ... |
| | | | ... deposits since the GFC is now underperforming the Australian equity market by a factor of three to one. According to the Reserve Bank, the average one year term deposit is paying a yield of 4.2% pre tax, compared to the SelectingSuper default investment ... |
| | | | ... their performance. "The market doesn't care about today, they care about six to 12 months," Mr Russell said. The Reserve Bank of Australia's quarterly statement on monetary policy is not expected to move the market unless it signals a policy change to ... |
| | | | ... to bet that the bank may hold off on deploying further easy-money policies. In local economic news on Friday, the Reserve Bank of Australia is due to release its quarterly Statement on Monetary Policy. In equities news, Newcrest Mining is expected to ... |
| | | | ... Tuesday, the March share price index futures contract was down 32 points at 4,837. In economic news on Tuesday, the Reserve Bank of Australia holds its first rate meeting for 2013. The Australian Bureau of Statistics is due to release December data for ... |
| | | | ... and the great rotation. Reflation. Yes. The central banks are still onto it... and are being joined by others. The Reserve Bank of India (RBI) lowered interest rates and its reserve requirement only last week. Speculation is that the Bank of Korea would ... |
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