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Search ResultsShowing 1 - 10 of 53 results for "Melbourne Cup"
Chief economist update: Weak household consumption now a sure thing
BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
The race that stops the nation - the Melbourne Cup - is upon us. There'll be a lotta betting and hopin' and wishin' and prayin' for a chosen steed to make it past the finish line in first place. Cross Counter is the odds-on favourite ...
Chief economist update: Beam us up Scotty
BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
An RBA rate cut won't happen on Melbourne Cup Day, 5 November. But it will happen - perhaps down to negative and up to the point where the Australian central bank is forced into quantitative easing and print Australian dollars. This is because latest ...
Chief economist update: Rate cuts coming, but not on race day
BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... fiscal spending (but only after it's achieved having the Budget surplus immortalised on paper). Forget about a Melbourne Cup Day interest rate cut! The minutes of the Reserve Bank of Australia's (RBA) October 1 Board meeting first hinted on this ...
Chief economist update: The Middle Kingdom's middling growth
BENJAMIN ONG  |  TUESDAY, 6 NOV 2018
It's the first Tuesday of November - the time when the "Melbourne Cup" runs and the Reserve Bank of Australia (RBA) meets only a few hours apart. All bets are on! There are so many odds on the various horses running in the Cup but there's only ...
Surefire Melbourne Cup bet
BENJAMIN ONG  |  MONDAY, 30 OCT 2017
Want a sure bet for next week's Melbourne Cup? Bet on the Reserve Bank of Australia (RBA) not moving on interest rates when its board meets on Melbourne Cup Day, Tuesday 7 November. Yes Virginia, I know, it's like saying that sugar is sweet and made ...
Jump goes the Aussie
BENJAMIN ONG  |  WEDNESDAY, 19 JUL 2017
... May 2018 increased to 91% from 52% (before the RBA minutes' release), or as Goldman Sach's predicts, as early as Melbourne Cup Day this November. Never mind that markets ignored the final paragraph in the RBA minutes indicating the Australian central ...
Clinton or Trump or bust?
BENJAMIN ONG  |  MONDAY, 7 NOV 2016
If you've placed a bet on last week's Melbourne Cup - and lost - poor you. But while "the race that stops a nation" has come and gone, we're only a few sleeps away from the race that could stop the world. Clinton and Trump's race for the White House ...
CPI says RBA no go on Melbourne Cup Day
BENJAMIN ONG  |  THURSDAY, 27 OCT 2016
You can bet the house on your favourite steed come 1 November, Melbourne Cup Day, but not on the Reserve Bank of Australia (RBA) shaving another 25 basis points off the official cash rate that currently stands at a record low 1.5%. This is the message ...
Pick a number
BENJAMIN ONG  |  TUESDAY, 3 NOV 2015
The nation stops today - Melbourne Cup Day and RBA decision day. I don't know which bet's an easier pick, choosing the winning horse where there are equines a-plenty to bet on or the RBA's decision on interest rates where it's practically a coin-flip. ...
Christmas in October
BENJAMIN ONG  |  MONDAY, 26 OCT 2015
... Reserve Bank of Australia (RBA) is lucky. By the time Gov Glenn and his Board meets on Tuesday next week (3 November Melbourne Cup Day), the RBA would have the whole hog on what its bigger peers have done and/or are thinking.
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