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Showing 31 - 40 of 56 results for "Melbourne Cup"

Fed & RBA on the ball

BENJAMIN ONG  |  THURSDAY, 18 NOV 2010
... own Reserve Bank of Australia did too. Remember the consensus bet that the RBA will not raise interest rates on Melbourne Cup Day... but then it did? Latest wages data show that it got it right. The Australian Bureau of Statistics' Labour Price Index ...

Head faked again

BENJAMIN ONG  |  WEDNESDAY, 3 NOV 2010
... Kevin Bacon in the 1994 film "The Air Up There" Those of you who didn't pick 'em, you're not alone. Bummed on the Melbourne Cup, bummed on the RBA decision. Who would have thought that Americain with odds paying A$12 to win could beat the Cup favourite ...

Market Wrap - Midday

AAP  |  TUESDAY, 2 NOV 2010
... Bill Bishop said investors appeared to be taking profits from previous gains on a day of light volumes given the Melbourne Cup. "We've had some good days and the market's having a steadier," Mr Bishop said. Although looking unlikely, an interest rate ...

Punting on next week

BENJAMIN ONG  |  WEDNESDAY, 27 OCT 2010
... result 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 ...

Boiling frog

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2009
... watching the race in Melbourne. And this morning, there are more stories about 'Shocking' (the horse) winning the Melbourne Cup than there is about the official cash rate rising by another 25 basis points - the second month in a row - to 3.5 per cent. ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 4 NOV 2009
... 2009. On Tuesday, the Australian share market closed slightly lower amid subdued trading volumes because of the Melbourne Cup, and as the market awaited the Reserve Bank of Australia's (RBA) decision on interest rates. The benchmark S&P/ASX200 index ...

Market Wrap - Midday

AAP  |  MONDAY, 2 NOV 2009
... 4,546, on volume of 21,326 contracts. CMC Markets analyst David Taylor said volumes were typically low ahead of the Melbourne Cup holiday, with most action driven by the falls on Wall Street on Friday. "The market's well and truly in the midst of a correction ...

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 ...

The other race

BENJAMIN ONG  |  WEDNESDAY, 5 NOV 2008
Punters would have been better off putting their hard-earned dollar into the Melbourne Cup winner - Viewed -- yesterday than on the RBA rate cut expecting an equity market gain. Both provided a surprise outcome, but while Viewed returned A$46.50 to ...