Afternoon thanks Brit and crew
The XJO was up 9 points at lunchtime, some 20 points higher than its' low.
China's consumer price increases quickened in February as food costs climbed amid the week-long Lunar New Year holidays, where millions binge on roast pork, duck, seafood and veggies.
The CPI rose 2.3 per cent in February from a year earlier, compared with 1.8 per cent a month earlier. The producer-price index fell 4.9 per cent, narrowing from a 5.3 per cent decrease in January, extending declines to a record 48 months.
Stabilisation in consumer prices, if sustained in coming months, will ease policy makers' concerns over deflation, which discourages new investment and erodes profit margins.
The Aussie dollar nudged up by 15 basis points to 74.78 US cents on the data.
Banking stocks seem to be doing the heavy lifting, but Rio is higher, BHP off .5%, but coming off its' lows
Gold $1250
all eyes on the ECB tonight, "consensus" calling for a 10 points cut
........................
I'll tell you something you may not realise.
That is how HUGE Highlandlads' midday contribution is in both time away from the screen, and the thought that goes into it.
it's easy to take such a consistently high quality effort for granted
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