Sunday, May 19, 2013
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RBA looks to cut interest rates

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This week all eyes will be on the Reserve Bank of Australia as it looks to cut interest rates from 4.25 per cent.

It could be cut down to as low as 3.75 per cent putting pressure on the New Zealand-Australia crossright.

It does provide a good opportunity for people to review the Australian stocks.

The New Zealand dollar remains high against the United States where US earnings remain good so far. 

A lot of interest remains in the high dividend shares compared to the bank interest rates.

 


 

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