today's rate cut turn the all ordinary from red to green,and DOW...

today's rate cut turn the all ordinary from red to green,and DOW opened in green should suggest that the fear of the crisis has been somewhat diminished

The RBA policy statement suggests that the stability in the financial system is the most urgent problem to solve now. although the inflation is still high, the inflation is expected to lessen next year due to the current situation of world economy. adding these togather, more rate cut can be expected in the next few months.

I guess bnb will rebound tomorrow.