A shot in the arm for China boosts the Aussie and commodities
NAB Morning Call
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The RBA's Predictions for Aussie's Recovery
The RBA has been more cautious than most. Commodities not just oil we're seeing commodities rising as well so presumably that's on the back of you know the hope that China is going to be pushing up demand. Aussie again has been displaying sort of an unusual sensitivity to day-to-day swings in the iron ore price sometimes but a lady has been a good one and say some reasonable gains which I think kind of come directly on theBack of that China news.
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