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Asian Market Update: RBA On Hold As Expected With Added Concern Over Slowing Housing Sector

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 4, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Reserve Bank of Australia had its first policy decision under Gov Lowe, leaving rates on hold as forecast by unanimous survey of economists; Accompanying statement reiterated some of the prior positions global economy growing at slower pace, China growth is moderating, labor market has been mixed with continued expansion[​IMG]

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