Now you have your country back the unelected officials dictating your country are doa, they will now deal and accept a normal debt restructure of cents in the dollar instead of pushing for 100 pc via ongoing austerity which is holding global sentiment back
Meantime have no idea what it means for Aussie market but no doubt better to stand back whilst they create fear in the immediate term
Of more relevance to Aus is the monster slide in shangaz on Friday
, rba better move IMO , they said they kept it higher than the rest in case of a problem in the future, here it is and what better way to get the " historically high" aud lower, this is a perfect opportunity for the IMO , many others have moved nz, Switzerland , Korea and china