From Suzie we have, "The Australian share market is expected to open higher after a relatively successful auction of Italian bonds improved market sentiment overnight."
From Coastgirl, "The European single currency slumped on Thursday to the lowest dollar level in more than one year, as Italy's latest bond auction reignited fears over the eurozone crisis in volatile low-volume deals."
Media twaddle...Australian media's extreme negativity combined with the current federal government equals our market running 40% below the Dow. The Europeans markets doing nicely by comparison to ours.
Maybe a good time to buy as the risks are actually less than at the height of a bull market now, unless the whole system collapses.
