FEDERAL LABOR FIRMS TO $1.45 … AND JOE HOCKEY CLOSES TO $2.48 TO TAKE OVER COALITION!
Tags : neil evans, featured28th July 2009, by Daniel Hillege
The inner-western Sydney punter who has turned interest rate betting with Centrebet into an art-form has plundered $60,000.00 on the RBA keeping the official cash rate unchanged when the August decision is handed down next Tuesday!
The inner-western Sydney punter who has turned interest rate betting with Centrebet into an art-form has plundered $60,000.00 on the RBA keeping the official cash rate unchanged when the August decision is handed down next Tuesday!
Centrebet media chief Neil Evans said the regular Centrebet client had bet $10,000.00 at $1.10 on an unchanged decision not long after the bookmaker opened its market over a week ago before stepping back in with another $50,000.00 at $1.08! “It’s another massive statement, and the unchanged price has now firmed right up to $1.05,” Evans said. “The last four RBA decisions have been right on the money, and we’ve hardly seen a nickel in any other direction to say the RBA will shift the cash rate in August!
The only likely alternative decision – a 25bp cut – has drifted from $4.10 out to $6.00, while ‘Any Official Increase’ has eased from $9.00 out to $12.00!
“While the outlook for inflation does allow room for a further easing of monetary policy, the RBA will almost certainly adopt a slow-and-steady approach as the wider economy continues to stabilise, and global economies begin a slow recovery,” Evans said. “Any rate rise is still likely to be months away because demand for labour is still weak, and business borrowing has been steadily declining, despite recent signs of a much-needed pick-up in housing credit demand. Obviously, the RBA’s decision will reflect the continued tightness on credit conditions!”
Meanwhile, Federal Labor has charged into $1.45 – and the embattled Coalition eased to $2.70 – on Centrebet in the wake of continued poor approval ratings for Liberal leader Malcolm Turnbull! “Turnbull is slowly getting out in the leader’s markettoo, he’s now $1.75, with Shadow Treasurer Joe Hockey firming into $2.48, and even Tony Abbott has got into single betting figuresfor the first time at $9.00,” Evans said.
NEXT AUST RBA INTEREST RATE MOVE! |
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|
|
|
$1.05 |
OFFICIAL RATE STAYS THE SAME |
(in from $1.10) |
$6.00 |
OFFICIAL RATE CUT BY 0.01 – 0.25 % |
(out from $4.10) |
$12.00 |
ANY OFFICIAL INCREASE |
(out from $9.00) |
$16.00 |
OFFICIAL RATE CUT BY 0.26 – 0.50 % |
(out from $13.00) |
$41.00 |
OFFICIAL RATE CUT BY 0.51 – 0.75 % |
(out from $34.00) |
$81.00 |
OFFICIAL RATE CUT BY 0.76 – 1.0 % |
(out from $67.00) |
$126.00 |
OFFICIAL RATE CUT BY MORE THAN 1.0 |
(out from $101.00) |
NATIONAL ECONOMY |
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WILL AUST BE IN RECESSION IN 2009? |
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|
|
|
$2.60 |
YES |
(out from $2.47) |
$1.45 |
NO |
(in from $1.55) |
AUST FED ELECTION – (Sch 2010/11) |
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|
|
|
$1.45 |
LABOR |
(in from $1.47) |
$2.70 |
COALITION |
(out from $2.62) |
COALITION LEADER AT NEXT AUST FED ELECTION |
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|
|
|
$1.75 |
MALCOLM TURNBULL |
(out from $1.65) |
$2.48 |
JOE HOCKEY |
(in from $2.55) |
$9.00 |
TONY ABBOTT |
(in from $10.00) |
$12.00 |
ANY OTHER CANDIDATE |
|
$13.00 |
CHRISTOPHER PYNE |
|
$16.00 |
PETER COSTELLO |
(in from $17.00) |
$21.00 |
PETER DUTTON |
|
$26.00 |
ANDREW ROBB |
(out from $21.00) |
$26.00 |
JULIE BISHOP |
|
$51.00 |
BRENDAN NELSON |
(out from $34.00) |
STH AUST STATE ELECTION – (Sch 2010) |
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|
|
|
$1.11 |
LABOR |
|
$6.00 |
LIBERAL |
|
VIC STATE ELECTION – (Sch 2010) |
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|
|
|
$1.16 |
LABOR |
|
$4.85 |
COALITION |
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FOR ALL THE MARKETS GO TO www.centrebet.com FINANCIAL & ELECTIONS
last update : 28th July 2009 15:20
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