Tag Archives: stock market update
WHERE ARE RATES HEADING?
Posted on 02. Dec, 2009 by Anthony.
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A quick Mid week report, especially after yesterday’s developments.. It seems while almost everyone was expecting Aussie interest rates to climb by another 25 basis points to 3.75%, no one was expecting Westpac bank to raise rates greater than the reserve bank and again a huge surprise by the amount too at 0.45%. This will [...]
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Meridian Weekly Market Update – 16/11/2009
Posted on 16. Nov, 2009 by Anthony.
Resistance ahead and volatility is coming back to our markets, 4,750 still remains a critical price to break back above and “HOLD IT”. Our Aussie unemployment figures certainly gave us no direction after they showed the downward trend continuing. A slowing Unemployment downtrend is the key to all the “BULLS” out there. [...]
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