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Showing 291 - 298 of 298 results for "Rate cuts"

Market Wrap

AAP  |  THURSDAY, 25 MAR 2004
... tracking the euro lower after comments from senior European central bank (ECB) officials raised speculation of possible rate cuts in Europe. At 0700 AEDT the local unit was trading at $US0.7549/53, compared with yesterday's close of 0.7516/20. Overnight ...

Afternoon market wrap: Australian shares end square

... was held back by an expected avalanche of company earnings reports later this week, hints from the RBA that interest rate cuts were off the agenda, and a mixed performance Friday in international markets. Major resource stocks Rio and BHP Billiton both ...

Global share markets recover some earlier losses in the June quarter

A combination of improved investor sentiment and prospects of interest rate cuts during the June quarter has helped global share markets to recover some of their heavy losses. In their latest quarterly fund update Investors Mutual said that the Australian ...

Midday market wrap: Australian shares edge higher

... markets the Australian dollar was lower as the US dollar continued to benefit from fading expectations of further interest rate cuts. The Australian dollar traded around $US0.6630 for much of the morning, almost half a cent lower than last night's close. ...

Morning market wrap: US stocks gain amid signs of strengthening recovery

... poised to strengthen in the second half. But US Treasuries continued to weaken as investors bet the cycle of interest rate cuts may be finished and as General Motors announced a record new bond issue. The Dow Jones industrial average rose 76.0 points ...

Afternoon market wrap: Australian shares end off highs

... markets were spurred by the combination of strong manufacturing data and a Fed seemingly locked into further interest rate cuts. Gains in the local market were paced by materials (up 1.0%) and consumer discretionary (up 1.5%). The banks also generally ...

NAB Looking For Rate Cuts

The chorus backing local interest rate cuts continues to grow louder, with the National Australia Bank on Friday saying it expects the Reserve Bank to move following each of its next two board meetings. In its latest review of interest rate forecasts ...

RBA leaves interest rates at 4.75 per cent

... when the RBA appears before the House of Reps Committee to learn where the Bank sees the balance of risks." Interest rate cuts have now been on hold at 4. 75% since June 5, 2002.