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Showing 41 - 50 of 59 results for "Melbourne Cup"

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 ...

Market Wrap - Midday

AAP  |  TUESDAY, 4 NOV 2008
... dealer Sam Willis said trading volumes were thin ahead of the Reserve Bank of Australia's interest rate decision. The Melbourne Cup also was preoccupying investors, Mr Willis said. "Compounding that is (that) we've had a couple of good, strong days and ...

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 - Morning

AAP  |  WEDNESDAY, 7 NOV 2007
... Ltd. The Australian share market staged a relief rally yesterday and closed higher, despite the distraction of the Melbourne Cup and weakness from the United States. The benchmark S&P/ASX200 index ended 45.7 points higher at 6628, while the All Ordinaries ...

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
... its 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 ...