that's why OZ is a great place......."the greatest good for the greatest number of people"....
to be a average Joe.....
|
|
Australia 01 (May 08 - Jan 11)
Re: Australia
by Poles » Mon May 03, 2010 3:36 pm
-
Poles - Boss' Left Hand Person
- Posts: 578
- Joined: Fri Jun 20, 2008 12:33 am
Re: Australia
by winston » Tue May 04, 2010 12:31 pm
RBA raised rates by 25bp to 4.5%, sixth since October
Source: CNBC
Source: CNBC
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 112616
- Joined: Wed May 07, 2008 9:28 am
Re: Australia
by kennynah » Tue May 04, 2010 1:50 pm
Once again, fx players sold aud/usd immediately upon rate hike news
Options Strategies & Discussions 
.(Trading Discipline : The Science of Constantly Acting on Knowledge Consistently - kennynah).Investment Strategies & Ideas
..................................................................<A fool gives full vent to his anger, but a wise man keeps himself under control-Proverbs 29:11>.................................................................
.(Trading Discipline : The Science of Constantly Acting on Knowledge Consistently - kennynah).Investment Strategies & Ideas..................................................................<A fool gives full vent to his anger, but a wise man keeps himself under control-Proverbs 29:11>.................................................................-
kennynah - Lord of the Lew Lian
- Posts: 14201
- Joined: Wed May 07, 2008 2:00 am
- Location: everywhere.. and nowhere..
Re: Australia
by winston » Fri May 21, 2010 8:06 am
On CNBC:-
The Australian market is plunging and opened down sharply at 0.7%.
What BS is this ? A plunge is 70% not 0.7% !
Too many Fosters from last night ?
The Australian market is plunging and opened down sharply at 0.7%.
What BS is this ? A plunge is 70% not 0.7% !
Too many Fosters from last night ?
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 112616
- Joined: Wed May 07, 2008 9:28 am
Re: Australia
by eauyong » Fri May 21, 2010 8:26 am
Can the RBA be so wrong? They are considered among the best in the world.
-
eauyong - Foreman
- Posts: 307
- Joined: Sat May 10, 2008 11:01 am
Re: Australia
by winston » Fri May 21, 2010 8:32 am
eauyong wrote:Can the RBA be so wrong? They are considered among the best in the world.
RBA not too bad. Always slightly ahead of the curve. Now they have room to move if they want to.
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 112616
- Joined: Wed May 07, 2008 9:28 am
Re: Australia
by millionairemind » Fri May 21, 2010 8:45 am
Yahoo Finance is showing Aust market down 2.9%
"If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he has been wrong" - Bernard Baruch
Disclaimer - The author may at times own some of the stocks mentioned in this forum. All discussions are NOT to be construed as buy/sell recommendations. Readers are advised to do their own research and analysis.
Disclaimer - The author may at times own some of the stocks mentioned in this forum. All discussions are NOT to be construed as buy/sell recommendations. Readers are advised to do their own research and analysis.
-
millionairemind - Big Boss
- Posts: 7776
- Joined: Wed May 07, 2008 8:50 am
- Location: The Matrix
Re: Australia
by winston » Fri May 21, 2010 8:55 am
Yes, down 2.9%. Susp Sup water lah..
The Australian Miners ADR were dropping like flies last night in the US. The Super tax is not helping the big miners either.
What else is there to buy in Australia besides the miners ? The Aust IBs
?
The Australian Miners ADR were dropping like flies last night in the US. The Super tax is not helping the big miners either.
What else is there to buy in Australia besides the miners ? The Aust IBs
?It's all about "how much you made when you were right" & "how little you lost when you were wrong"
-
winston - Billionaire Boss
- Posts: 112616
- Joined: Wed May 07, 2008 9:28 am
Re: Australia
by millionairemind » Tue Jun 01, 2010 2:23 pm
Jun 1, 2010
Australia pauses rate hikes
SYDNEY - AUSTRALIA paused an aggressive series of interest rate rises on Tuesday, citing turmoil on global markets over Europe's debt woes which have raised the spectre of a 'double dip' recession.
The Reserve Bank of Australia opted to leave rates on hold at 4.50 per cent, deciding against a fourth straight quarter-point hike and the seventh since October.
'Interest rates to borrowers are around their average levels of the past decade, which is a significant adjustment from the very expansionary settings reached a year ago,' said Reserve Bank of Australia governor Glenn Stevens.
'Taking all the available information into account, the Board views this setting of monetary policy as appropriate for the near term,' he added. Australia's stock market and national currency have fallen sharply over the past month as investors were rattled by debt problems in Greece, Spain and elsewhere which have prompted emergency action by European leaders.
The economy has also been overshadowed by a row over a new tax on the key resources sector, which has helped drive Australia's strong recovery from the financial crisis.
The rates decision followed mixed data on Tuesday, with April retail sales up a better-than-expected 0.6 per cent from a month earlier but housing building approvals down 14.8 per cent. -- AFP
Australia pauses rate hikes
SYDNEY - AUSTRALIA paused an aggressive series of interest rate rises on Tuesday, citing turmoil on global markets over Europe's debt woes which have raised the spectre of a 'double dip' recession.
The Reserve Bank of Australia opted to leave rates on hold at 4.50 per cent, deciding against a fourth straight quarter-point hike and the seventh since October.
'Interest rates to borrowers are around their average levels of the past decade, which is a significant adjustment from the very expansionary settings reached a year ago,' said Reserve Bank of Australia governor Glenn Stevens.
'Taking all the available information into account, the Board views this setting of monetary policy as appropriate for the near term,' he added. Australia's stock market and national currency have fallen sharply over the past month as investors were rattled by debt problems in Greece, Spain and elsewhere which have prompted emergency action by European leaders.
The economy has also been overshadowed by a row over a new tax on the key resources sector, which has helped drive Australia's strong recovery from the financial crisis.
The rates decision followed mixed data on Tuesday, with April retail sales up a better-than-expected 0.6 per cent from a month earlier but housing building approvals down 14.8 per cent. -- AFP
"If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he has been wrong" - Bernard Baruch
Disclaimer - The author may at times own some of the stocks mentioned in this forum. All discussions are NOT to be construed as buy/sell recommendations. Readers are advised to do their own research and analysis.
Disclaimer - The author may at times own some of the stocks mentioned in this forum. All discussions are NOT to be construed as buy/sell recommendations. Readers are advised to do their own research and analysis.
-
millionairemind - Big Boss
- Posts: 7776
- Joined: Wed May 07, 2008 8:50 am
- Location: The Matrix
Re: Australia
by kennynah » Tue Jun 01, 2010 2:40 pm
this is not unexpected....
question is....will aud.usd drop below 0.80?
you think leh?
question is....will aud.usd drop below 0.80?
you think leh?
Options Strategies & Discussions .(Trading Discipline : The Science of Constantly Acting on Knowledge Consistently - kennynah).Investment Strategies & Ideas
..................................................................<A fool gives full vent to his anger, but a wise man keeps himself under control-Proverbs 29:11>.................................................................
.(Trading Discipline : The Science of Constantly Acting on Knowledge Consistently - kennynah).Investment Strategies & Ideas..................................................................<A fool gives full vent to his anger, but a wise man keeps himself under control-Proverbs 29:11>.................................................................-
kennynah - Lord of the Lew Lian
- Posts: 14201
- Joined: Wed May 07, 2008 2:00 am
- Location: everywhere.. and nowhere..
Who is online
Users browsing this forum: No registered users and 1 guest