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Rba Surprisingly Stays

Title: RBA surprisingly stays on hold; Aussie spikes

Morning Briefing : RBA surprisingly stays on hold; Aussie spikes What's new: Asia: Equity indices marginally negative in line with their US counterparts Australia: RBA surprises expectations for a 25bp rate cut - remains on hold FOREX: Aussie gathers support on RBA decision Greece: Still unable to forge any deal Forex rates in Asia and Indices: EURUSD: 1.3137– 1.3089. USDCHF: 0.9215 – 0.9184. GBPUSD: 1.5832 - 1.5793. EURJPY: 100.72 – 100.37. USDJPY: 76.78 – 76.51. DowJones: 12’845.13 -0.13% NASDAQ: 2'901.99 -0.13% S & P 500: 1'344.33 -0.04% Nikkei: 8’917.52 -0.13% Shanghai: 2'291.56 -1.7% Gold: $ 1'725.60 Crude Oil: $ 96.85 Comments: The RBA surprisingly left rates on hold leaving them at 4.25% although it seems that easing remains on the table as it deemed a rate cut not ...

Tags: rba surprisingly stays • surprisingly stays on hold

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