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Sunday, March 1, 2015

ASX holding steady ahead of RBA announcement


All eyes are on the RBA in Australia as we await the RBA rate decision to see if there will be another .25% rate cut down to 2.0% on the official rate. If there a rate cut we could expect to see the ASX push higher as savers are forced out of cash in the search for yield. It is a tragic situation but that is the reality of it.



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