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rate cut - tuesday

  1. Jako8557
    19,112 Posts.
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    05/08/13
    23:13
    Post #: 12158545
    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)














    Good Trading and Investing

    cheers


    XJO Value at posting: 116.00
    Likes Created with Sketch. 17  Upvote
    lightbulb Created with Sketch.  Great analysis
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