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Showing 11 - 20 of 38 results for "Cup Day"

CPI says RBA no go on Melbourne Cup Day

BENJAMIN ONG  |  THURSDAY, 27 OCT 2016
You can bet the house on your favourite steed come 1 November, Melbourne Cup Day, but not on the Reserve Bank of Australia (RBA) shaving another 25 basis points off the official cash rate that currently stands at a record low 1.5%. This is the message ...

Pick a number

BENJAMIN ONG  |  TUESDAY, 3 NOV 2015
The nation stops today - Melbourne Cup Day and RBA decision day. I don't know which bet's an easier pick, choosing the winning horse where there are equines a-plenty to bet on or the RBA's decision on interest rates where it's practically a coin-flip. ...

Christmas in October

BENJAMIN ONG  |  MONDAY, 26 OCT 2015
... Bank of Australia (RBA) is lucky. By the time Gov Glenn and his Board meets on Tuesday next week (3 November Melbourne Cup Day), the RBA would have the whole hog on what its bigger peers have done and/or are thinking.

Market wrap

AAP  |  TUESDAY, 4 NOV 2014
... share market is slightly higher following soft leads from overseas markets and as the nation prepares to mark Melbourne Cup day. US stocks finished flat due to mixed economic data while European equities pulled back overnight. The risk-off sentiment ...

100% steady on the RBA

BENJAMIN ONG  |  TUESDAY, 4 NOV 2014
... well enough? Hope that last sentence doesn't get me kicked out of this land girth by sea and fascinated by fascinators on Cup Day. But enough self-revelation. Only because I must... a horse named 'Admire Rakti' is odds on favourite to beat the other ...

Market Wrap AM

AAP  |  TUESDAY, 4 NOV 2014
The Australian market looks set to open lower in a likely quiet day of trade on Melbourne Cup day and following poor performances on international markets. At 0845 AEST on Tuesday, the December share price index futures contract was down three points ...

Market Wrap AM

AAP  |  WEDNESDAY, 6 NOV 2013
... EDI has its annual general meeting scheduled. In Australia, the market on Tuesday enjoyed a strong finish on Melbourne Cup day, with the big miners leading the way. The benchmark S&P/ASX200 index was up 41.5 points, or 0.77 per cent, at 5,432. The broader ...

Uncertainly certain RBA cut

BENJAMIN ONG  |  TUESDAY, 4 DEC 2012
... point. And besides, recent history shows that the RBA doesn't necessarily kowtow to market expectations. Remember Melbourne Cup Day 2012? Markets were also so sure last month that the RBA would reduce rates because it has always moved interest rates ...

RBA says its ok

BENJAMIN ONG  |  WEDNESDAY, 7 NOV 2012
... official interest unchanged at 3.25% -- the first time in six years that it has maintained the status quo on Melbourne Cup Day - following yesterday's deliberations. Ahh yes, it'sthe world economy. While the RBA thinks that the "Risks to the outlook ...

Market Wrap - PM

AAP  |  TUESDAY, 6 NOV 2012
Australian stocks have opened flat in quiet trade as market players await a Melbourne Cup day interest rate decision from the central bank. At 1027 AEDT on Tuesday, the benchmark S&P/ASX200 index was down 2.7 points, or 0.06 per cent, at 4,471.4 points ...