if what ppl are saying that rates will be down to 2.75% by end of Q1 2013 in Australia than the trade flows and capital flows will be a heavy indicator for me on if the money is leaving AU.
China is going to boost stimulus and it will be great for them to put in a floor however the numbers are still contracting in many key areas. Until the numbers on paper come out better I will discount the economist on Bloomi and reauters.
Now the other scenario is say Europe comes back from the brink, China bottoms and starts to increase again, and US fiscal cliff issue is solved or at least partially well this sets in motion a major bull market that will be like 02-06 however the CB's are still holding markets up and they know if they let their foot off the brakes its game over.
China is going to boost stimulus and it will be great for them to put in a floor however the numbers are still contracting in many key areas. Until the numbers on paper come out better I will discount the economist on Bloomi and reauters.
Now the other scenario is say Europe comes back from the brink, China bottoms and starts to increase again, and US fiscal cliff issue is solved or at least partially well this sets in motion a major bull market that will be like 02-06 however the CB's are still holding markets up and they know if they let their foot off the brakes its game over.