Thursday 8 October 2009

Risky assets..

..are back in favour. Alcoa triggered a pop in most things, and given the $ weakness both metals and soft commodities are still in an uptrend. It is not surprising then that most AUD crosses have shown a big rally since their rate hike.

Both Hang Seng and the Aussie index shown new buy signals and S&P can get one today.

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