It is a vacation in Australia’s second metropolis right this moment (sorry, Melbourne, however its true). The vacation is for the Melbourne Cup horse race, often known as ‘the race that stops a nation’.
Its not a vacation elsewhere in Australia however that will not cease the celebrations. Sydney monetary markets, for instance, will just about grind to a halt at race time.
Markets are open, however as its says above, curiosity and liquidity will likely be thinned out.
Its RBA day, so attempt to keep sober till after 2.30pm native time, and even after 3.30pm native time when Reserve Financial institution of Australia Governor Bullock will maintain her press convention.
