Macao and Europe do not hike out into the global market rebound opportunity Postponed.

<P> Consecutive month, the Australian yesterday the central bank kept the benchmark interest rate unchanged at 4.5%. .And this week, the European Central Bank and Bank of England will announce their decision on interest rates, slowing the pace of economic recovery in the global context, the two central banks whether to take additional measures to consolidate the economic recovery has become an important factor to influence the market .. .</ P> <P> The RBA does not imply a continuous interest rate </ P> <P> since last October, the Australian central bank to raise interest rates six times, and was announced in May this year, has been restored to the average level of interest rates. .</ P> <P> Australia's central bank said in recent months, the global economy continues to grow, but the recovery is still uneven. .Asia and Latin America's economic recovery still remain strong, while the U.S. slowly improving job market, prospects for economic growth in Europe is not clear. .After considering a variety of factors at home and abroad, the current monetary policy is appropriate. .</ P> <P> However, Reserve Bank of Australia governor Stevens stressed that Australia still faces the problem of inflation, the inflation rate is likely to continue in the central bank's 2-3 percent target range hovering above. .Some analysts said the RBA's comments would suggest, the process of normalizing interest rates the bank seems to have ended, the pace of raising interest rates will be temporarily stopped. .At the same time, there are signs that the RBA had introduced measures to raise interest rates is leading to domestic retail sales and real estate market cooling. .Leidi Kan, senior economist at Macquarie Group, said that even if higher than expected inflation data, the Australian central bank to raise interest rates in August is unlikely to continue. .</ P> <P> Australian Treasurer Wayne Swan welcomed the decision of the central bank. .Swan said that although Australia has successfully avoided economic recession and the unemployment rate remained at a low level, but many Australians are still a very difficult situation, the central bank to raise interest rates several times recently so many family's financial pressures. .</ P> <P> recent Bank of England to raise interest rates in Europe hopeless </ P> <P> Thursday, the European Central Bank and Bank of England will announce their rate decision, widely expected to choose the two major central banks will continue to hold. .</ P> <P> data showed the euro zone May CPI nearly the fastest pace in 18 months, rose, the United Kingdom in May CPI index is also higher than the goals set by the Bank of England. .Some analysts said that although the euro zone and Britain at a high level of inflation, but not yet the time to tighten monetary policy. .At the same time, tight fiscal policy will boost the risk of economic double dip, at least until next May the Bank of England should keep rates unchanged. .</ P> <P> In addition, the market will focus on how the European Central Bank loans through a variety of different forms of mitigation banks for the euro area's lack of liquidity pressure, stress test the progress of European banks also affects the nerves of investors. .</ P> <P> Asia, Europe and the United States stock market in general rebound </ P> <P> Some analysts said the RBA pause expressed the position to give a boost market sentiment, it may also indicate that the global economic stimulus .the pace of withdrawal will be temporarily come to an end, brought a trace of the global stock market rebound opportunities. .</ P> <P> Yesterday, the Asia-Pacific region generally rising stock market, MSCI Asia Pacific Index rose 1.3%. .Japan's Nikkei 225 index rose 0.77% to close at 9338.04 points. .Hong Kong Hang Seng Index rose 1.2% to close at 20,084.1 points. .Singapore's Straits Times index rose 0.8%, Australia's benchmark S & P/ASX200 index closed up 1.3%. .</ P> <P> European stock markets opened higher yesterday, the high walk, the European Stoxx 600 index rose nearly 3% intraday, all three major indexes rose more than 2%. .U.S. stocks opened higher, all three major indexes rose more than 1%. .European trading session yesterday, the euro had risen to 1.2600 against the dollar level, the stock market also prompted investors to buy a stronger euro and other risk-sensitive currencies. .</ P>.