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| | | ... orders in eight months. Locally, the Reserve Bank has its board meeting and is widely expected to announces an interest rate cut. Before that, the Australian Industry Group releases its Performance of Services Index (PSI) for April and the Dun and Bradstreet ... |
| | | | ... miners, are providing support on the back of a good Wall Street session on Friday night." He said falling expectations of a rate cut on Tuesday was also weighing on the banks. At 1020 AEST, Westpac fell $1.43 cents, or 3.89 per cent, to $35.30, Commonwealth ... |
| | | | ASIC has provided an update on its investigation into the suspicious spike in the Australian dollar that occurred seconds before the RBA announced it was keeping cash rates on hold at 2.25% on April 7, finding that so far it has been linked to automated ... |
| | | | ... May Board meeting tomorrow heats up. Bloomberg's latest survey says... 24 out of 28 economists predict that we'll see a rate cut, hear a rate cut and speak about the rate cut come 230PM tomorrow (Australian eastern standard time). This equates to around ... |
| | | | ... back in positive territory as iron ore production news boosts the big miners and revived expectations of an interest rate cut help the banks. The miners are the strongest performers after Brazilian giant Vale suggested it might take 30 million tonnes ... |
| | | | Weak US economic growth and reduced expectations of a local interest rate cut are weighing on the Australian share market. The major banks are feeling the most pain as the market backs away from previous bets that the Reserve Bank of Australia would ... |
| | | | ... Sydney plunged 1.85 per cent, or 109.9 points, to 5,838.6, with big banks leading the decline as hopes of another interest rate cut waned. Seoul closed 0.23 per cent lower, giving up 5.04 points to 2,142.63. Hong Kong ended 0.15 per cent lower, shedding ... |
| | | | The share market has opened lower as expectations of a delayed cut in interest rates weigh on the major banks. Firmer commodity prices had boosted some mining stocks, while a stronger Australian dollar had been a negative for some healthcare stocks ... |
| | | | ... local-government bailout bonds for loans". This would give the Australian dollar an extra boost. So will the RBA if it decides not to cut interest rates again next Tuesday. The hope is that at the current A$ exchange rate, financial markets have already ... |
| | | | ... was issued in December 2014, based on extensive consultation and submissions from interested parties. (As of the submissions cut-off date in February 2015, 137 were received.) Trowbridge's final report, released in March, contains 11 recommendations ... |
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