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Asia report: RBA keeps rate on hold

As the market expected, the RBA kept its interest rate on hold. Subsequently, we saw a lot of volatility around the Australian dollar. 

All trading involves risk. Losses can exceed deposits.

There is now speculation of a rate cut in December or February. It was a fairly positive day in the equity markets across the region. Volumes were a bit lower than usual with the Nikkei closed due to a public holiday in Japan.

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