Roubini reckons that the GDP figure will be less than 2.5% and be around 2.0-2.1% and don't forget this has been revised down from about 3.2%.
JPY unemployment was up and industrial production was smashed at -1.5% when 0.2% was expected.
Aussie private sector credit was down also. This is all pointing to a massive crash sometime soon IMO
Any bounce higher will be short lived IMO
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Last
8,773.5 |
Change
28.300(0.32%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,745.2 | 8,821.0 | 8,745.2 |
| XJO (ASX) Chart |