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European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 2, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Reserve Bank of Australia has decided to cut its cash rate from 1.75 to 1.50 as expected by the market. The central bank noted that inflation remains quite low and that a cooldown of the housing market has allowed it to lower interest rates without exacerbating risks.[​IMG]

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