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RBA Feb '10 Interest Rate decision

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Timmy

Timmy

white swans need love too
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Statement to be released in about an hour and a half (2.30 pm AEDST).

It is about time the RBA started kicking some heads ... enough of this 0.25 hikes each time ... its time for 0.5% ... NOW!

Residential RE prices are surging ... if we can get a housing asset bubble forming now there will be no stopping it when the Australian economy really takes off in 2010.

If it is not 50bp this time, it will be next meeting.
 
The rate rise is pretty much factored in to the AUD rate, however there is always that slight uncertainty, so we are expecting a big of a shove upwards for the AUD when the RBA confirms a rate hike.

For day traders be wary of the buy the rumour sell the fact.
 
LOL...nah m8 i mean bump it up another 4% on top in one hit :D. That,ll sort out who,s wearing jocks or who isnt .....
 
I hope Glenn Stevens is listening to you Nun.

He has done well so far, he just needs to harden up a bit now,
 
Read somewhere about different rate for different loans which makes sense.

Housing bubble needs to be pricked now and 50 bps is very sensible.

Small businesses probably need a little more time and space and confidence. So I wouldn't mind seeing their rate remains flat.

But can't rely the bank to be so sensible, can we...
 
Agree with you skc.

Unfortunately RBA rate decisions are a bit of a WMD ... business is going to be collateral damage as the RBA attacks this housing asset bubble.
 
94% priced in for a 25pb rise.

It is also widely expected and mostly already priced in, that the RBA will go on hold after this, so a lot should come down to the comments. Confirmation of this may weigh on yields and I think the mkt will be looking for an excuse to say “RBA done for now” so even a neutral press release could see AUD sell off after an initial spike from the rate rise itself (unless of course, this exact view gets front-ran)........
 
The wawy the market reacted today its prettty clear there are no surprises from those in the know. 0.25% rise it is
 
Thanks MRC and Taltan.

If only GG was here then we would know what it was going to be for sure.
 
AUD absolutely destroyed. Around the 88c levels against the USD now. Below 87 and its look out below
 
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