DOW flat Monday apart from the short rally into the close.
FTSE and DAX a lot of chop on Monday.
RBA rate call day, should get the markets moving in the afternoon.
Economists forecast .25 cut, money markets 50/50 call and price action in the last week or so of the ASX and AUD suggest no cut.
Hope for no cut and then get long any dips on the ASX.
Two big divs today and Wednesday should support this call.
AUD buy and sell stop orders are the go a few seconds before the decision.
Part of Aus is on public holiday today, so less volume.
FTSE and DAX a lot of chop on Monday.
RBA rate call day, should get the markets moving in the afternoon.
Economists forecast .25 cut, money markets 50/50 call and price action in the last week or so of the ASX and AUD suggest no cut.
Hope for no cut and then get long any dips on the ASX.
Two big divs today and Wednesday should support this call.
AUD buy and sell stop orders are the go a few seconds before the decision.
Part of Aus is on public holiday today, so less volume.
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