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Showing 981 - 990 of 2023 results for "RBA"

Strike three

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2015
It's a hat trick. It's three for three. Three times that the Reserve Bank of Australia (RBA) wrong-footed market expectations. Governor Glenn Stevens cut interest rates by 25 basis points to a record low 2.25% back in February when markets expected ...

Market wrap

AAP  |  TUESDAY, 7 APR 2015
... in the cash rate to a new record low of 2%. All 20 economists surveyed by AAP expect there'll be a rate cut in May if the RBA doesn't move on Tuesday. Among the major banks, Commonwealth Bank climbed 73 cents to $95.13, National Australia Bank improved ...

Market wrap

AAP  |  THURSDAY, 2 APR 2015
... front for Australia," IG markets strategist Stan Shamu said. "It means a lot of domestic pressure and will probably force the RBA's hand to cut rates." With the Reserve Bank's rate decision due next Tuesday, gains are primarily rising in the yield plays ...

The RBA not in full control of dollar-A

BENJAMIN ONG  |  THURSDAY, 2 APR 2015
... low enough... and stay there for long. The A$ dropped to US$0.7690 on 3 February (from US$0.7820 the day before) after the RBA's surprise announcement of a 25 bps cut in the official cash rate to 2.25% that day. However, despite majority expectations ...

RBA rate cut: earlier and more

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2015
... of April was what I typed on this space seven days ago. Yes Virginia, 'twas about the when the Reserve Bank of Australia (RBA) would next cut the official cash rate which it unexpectedly left unchanged at its March Board meeting after unexpectedly cutting ...

Market wrap

AAP  |  WEDNESDAY, 1 APR 2015
... Equities managing director David Reynolds said. "It will be interesting to see what happens on Tuesday (April 7), with the (RBA's) interest rates decision," he said. Resources stocks - mining and energy - were leading the market down after a 2.6 per ...

Another cut's in the mail?

BENJAMIN ONG  |  TUESDAY, 24 MAR 2015
Disappointment over the Reserve Bank of Australia's (RBA) decision not to cut interest rates at its 3 March Board meeting reversed the Australian equity market's sharp uptrend that started in the middle of January. The All Ords dropped from a high of ...

Market wrap

AAP  |  THURSDAY, 19 MAR 2015
... federal funds rate. The Australian dollar also roser against the US dollar, which has lifted expectations of a rate cut by the RBA in the coming months. "The Fed's very dovish tone has certainly moved expectations on the idea of rate cuts for Australia," ...

Market wrap

AAP  |  TUESDAY, 17 MAR 2015
... it appears as though the bears are about to drag the market lower, the bargain-hunting bulls - who must firmly believe the RBA will cut rates again - are there to bid the market back up," Australian Stock Report head of research Chris Conway said. In ...

Market Wrap PM

AAP  |  FRIDAY, 6 MAR 2015
... cents to $38.03. On Tuesday, the Reserve Bank left the official interest rate at 2.25 per cent, but observers believe the RBA has a couple more cuts in mind for 2015. Meanwhile, falling crude oil prices overnight, caused by US oversupply concerns and ...