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Publish date: 26-10-2009 09:22:41 | Contact Name: Investor | Location: Melbourne | 173 times displayed
Melbourne Cup is on this coming tuesday the 3rd November, it is also the first tuesday of the month and this means the RBA meets again.
There is even money on a rates rise of .25% but some gamblers are putting there money on a 0.50% rates rise even though the odds are a little greater.
There are few people who think that the rates will stay still with the odss being so high there is not much action there.
My Melboure Cup tips are on a 0.25% rise of the offical cash rate. ( oh and Roman Emperor )
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