If you block out the media noise and overeaction of the markets in Europe and US overnight....
Spain Bond Auction was completed on lower interest rate, and was oversubscribed = Positive
New Emergency fund Bonds sold and were oversubsribed by 3.2 times = Positive
ECB did not contribute to the Auctions = Positive (not advertised anyway)
US missed anticipated growth expectations but still demonstrated growth = Positive
Are the Global fundamentals and markets better off today than they were a month ago...of course we are which supports a positive move on markets....
Will we get one????....
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Last
8,666.9 |
Change
-42.500(0.49%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,709.4 | 8,709.4 | 8,658.2 |
| XJO (ASX) Chart |