Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 38 of 38 results for "Cup Day"

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 ...

Markets shake rattle and roll

SUZY MAC  |  TUESDAY, 6 NOV 2007
... worth more than US$1 trillion. PetroChina shares have tripled in value and were up as much as 191 per cent at one point. Cup day today should make for a lazy afternoon on the local markets and especially with such short odds on an RBA interest rate r ...

Deck the halls with interest rate hikes

SUZY MAC  |  FRIDAY, 2 NOV 2007
... poured straight into cash registers as retail spending data has shown a blow-out that has the market not just certain Cup Day will win us a rate hike but there will likely be another one under the Christmas tree. Yesterday's retail trade data and consumer ...

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 ...

Melbourne Cup Day looms as d-day for interest rates

AAP  |  MONDAY, 3 NOV 2003
... rates on hold for another month at least. The Reserve Bank board faces a tough call when it meets on Tuesday, Melbourne Cup Day, to decide whether to rein in the economy with higher interest rates, having made no changes for the past 17 months. But now ...
PAGE:
4