Bismillah
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Australia rates decision too close to call, say economists
Economists and financial markets have looked through the raft of fresh economic data released today and say tomorrow’s decision on official interest rates remains evenly balanced. Financial markets were continuing to price in a 52 per cent chance of a 25 basis points cut at the Reserve Bank's board meeting, as retail sales fell, job advertisements slid for the second consecutive month and inflation remained subdued. A Bloomberg survey expects the RBA to hold rates steady, with only 8 of 29 economists forecasting a cut from 3 per cent to 2.75 per cent. Advertisement In the data released today, retail sales slipped ... (full story)
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- May 7, 2013 12:22am May 7, 2013 12:22am
- krunfx
- Joined Jun 2009 | Status: Carry Trader that not want interest | 342 Comments
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- May 7, 2013 12:28am May 7, 2013 12:28am
- skyboys007
- | Commercial Member | Joined Jan 2012 | 694 Comments
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- May 7, 2013 12:37am May 7, 2013 12:37am
- hayseed
- Joined Nov 2006 | Status: Member | 315 Comments
to trade and code, keep both simple... no call to impress....h
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- May 7, 2013 12:53am May 7, 2013 12:53am
- nelsatff
- | Joined Feb 2013 | Status: Simple Forex Trader.. | 15 Comments
I Love Green Pips.