May

4

Journo's are said to be getting the word and are calling for a rate hike. However it does not appear "things have changed substantially" from last month on the aussie dollar, employment, cpi and growth. Nor has the tone of the governor himself. However markets have run off with the newsmen who "have the word", presenting opportunities (and only that) for those brave souls who look to position counter to the herd.


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