Search results

Hi all, Here is an interesting bit about the rate cut. The SP500 futures rose 6 points on the news. The Aussie initially fell, then rose 2 cents :confused: I think world markets are cottoning on to the idea that there could be a co-ordinated effort by CBs around the world. Would not be...

Hi, I agree, probably half or maybe a bit more. The size of the cut was to allow everybody to win. Luckily the RBA had plenty of room to move. bye

Big Interest Cuts Hi all, RB went 100 basis points, far greater than the market was expecting. This might help to explain what happened to the $Aus in the last 24 hours. Any comments on what this means in the short term (1-3 months). Personally I think it is an admission by the RB...