It was a 500 point turn around Batman.
more to come imo.
US will start cutting rates and there could possibly be a combined rate cut from all major economies v soon.
here's some light reading for you all.
(i'm off to hide under my bed)
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/3141428/Germany-takes-hot-seat-as-Europe-falls-into-the-abyss.html#comments