As at 5 August (yesterday), the ASX 30 Day Interbank Cash Rate Futures August 2013 contract was trading at 97.455,
indicating a 100% expectation of an interest rate decrease to 2.50% at the next RBA Board meeting.
The table below highlights how market expectations of an interest rate decrease at the next RBA Board meeting has evolved in recent days.
http://www.asx.com.au/sfe/targetratetracker.htm
News for Today (AEST)
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rate cut - tuesday
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Last
8,295.1 |
Change
68.800(0.84%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,226.3 | 8,319.4 | 8,226.3 |
| XJO (ASX) Chart |