This author has yet to write their bio.Meanwhile lets just say that we are proud David Flanagan contributed a whooping 513 entries.
RBA Maintains the Cash Rate The Reserve Bank of Australia surprised the majority of the market yesterday by not cutting the overnight cash rate by 25 basis points to 2%. Showing concern for the ever increasing property prices in the capital cities, the RBA stated that it is working with other regulators to quantify, review […]
To Cut or Not to Cut For those of us not lucky enough to live in Tasmania that is still on holidays, the RBA is meeting today in what is considered a “live” event. This means that a rate decision is a plausible outcome, as the chance of a cut today is 68% as of […]
Markets Overreact and Reverse Not many investors would have thought the AUD would climb above 78 US cents in reaction to yesterday’s Federal Reserve Bank decision. Less still would have thought the Aussie would reverse completely and give it all back overnight… Sure enough, the AUD/USD is sitting at ~0.76 again this morning. With […]
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