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Showing 21 - 30 of 31 results for "Melbourne Cup Day"

Punting on next week

BENJAMIN ONG  |  WEDNESDAY, 27 OCT 2010
... would determine whether or not the Reserve Bank of Australia would raise the official cash rate next week on Melbourne Cup Day. This should give punt loving Australians enough to bet on next week - the Fed's QE2, the RBA and the horses. Consensus is ...

25 bps to win Melbourne Cup

BENJAMIN ONG  |  WEDNESDAY, 21 OCT 2009
Two major Australian events are fast approaching - Melbourne Cup Day and the RBA Board meeting. With two weeks to go till 3 November, punters are already eagerly punting on either Viewed or Efficient to win and the RBA to lift interest rates by 25 or ...

Rejoice for rates have risen

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2009
... Why? Because it is almost certain - 71 per cent probability -- that the RBA will follow-up with another hike on Melbourne Cup Day (3 November). And then...five more by June next year and two more before 2010 is over - all in all, a 200 basis point increase ...

October mourn

BENJAMIN ONG  |  MONDAY, 3 NOV 2008
... Eurozone are expected to each produce interest rate reductions of 50 basis points. Tomorrow Australia celebrates Melbourne Cup Day - the 'Race that Stops the Nation' - at the same time that the US holds its Presidential Elections - the 'Race that May ...

Pass the paracetamol

SUZY MAC  |  WEDNESDAY, 7 NOV 2007
As nabCapital's Robert Henderson puts it, "those post-Melbourne Cup day hang-overs are about to get a lot worse for mortgage holders", and there is still a good chance of more interest rate headaches over Christmas. The Reserve Bank of Australia in ...

Market wrap - midday

AAP  |  TUESDAY, 6 NOV 2007
Australian shares were higher at noon on thin trading because of Melbourne Cup Day. At 1200 AEDT, the benchmark S&P/ASX200 index was 60.9 points higher to 6643.2, while the All Ordinaries was 52.4 points stronger to 6672.5. On the Sydney Futures Exchange ...

Market Wrap - Midday

AAP  |  THURSDAY, 1 NOV 2007
... meeting of the Reserve Bank of Australia early next week. "There are expectations there could be a tightening on Melbourne Cup day... which will to a degree impact our currencies and some stocks that have US dollar-based earnings." In the US overnight ...

Raging bull in sub-prime abattoir

SUZY MAC  |  THURSDAY, 25 OCT 2007
... highest since then. With inflation accelerating, it's getting harder to find an economist who doesn't believe Melbourne Cup day will bring an interest rate hike that will lift the cash rate to 6.75 per cent, with a further rise expected in the first ...

Rate reprieve scratch during Cup Carnival?

MICHELLE BALTAZAR AND SUZY MAC  |  WEDNESDAY, 24 OCT 2007
... stocks but that "a lot of that's already been factored by the market". The RBA's next board meeting will be on Melbourne Cup day and while the odds may be shorter now on a rate hike, all will be revealed on November 7, less than three weeks from the ...

RBA may crack the whip on rates today

AAP  |  TUESDAY, 4 NOV 2003
The Reserve Bank board may use Melbourne Cup day to crack the whip on interest rates. The central bank board meets today, with new figures suggesting a consumer-led retail spending spree is continuing, putting pressure on the bank to lift rates. New ...