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National Australia Bank Limited (ASX:NAB) Chief Economist, Markets, Rob Henderson, tells FNN the RBA is unlikely to cut interest rates further until mid next year.
Mr Henderson gives his outlook for the Australian stock market in 2014.
He says mining investment is unlikely to pick up for another decade.
Mr Henderson says the US Federal Reserve is likely to pull-back on its bond buying program and the Australian dollar may hit 85 US cents in the coming months.
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Last
$43.63 |
Change
0.210(0.48%) |
Mkt cap ! $133.3B | |||
| Open | High | Low | Value | Volume |
| $43.42 | $43.71 | $43.31 | $87.20M | 2.005M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 282 | $43.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.64 | 1223 | 9 |
View Market Depth
| Last trade - 14.18pm 18/09/2025 (20 minute delay) ? |
| NAB (ASX) Chart |