ZFX zinifex limited

us inflation

  1. 198 Posts.
    US inflation is under control, their market's holding up well overnight despite the Fed's ambiguous detail to future interest rate direction. While perhaps a continued rate cycle may not lead to spectacular short term rises (eg. next 2-4 weeks) it's an indication of continued sustainable growth atleast for the next 4-8 weeks.

    Our market's likely to take advantage of the percieved short term stability in the states and rally, especially when the AUD/US exchange rate's at $71 which is good for commodity exports.

    Should see +8.60 from ZFX today.
 
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