ABN Newswire: Clifford Bennett Market Overview Jan 17, 2011
Assume robust markets this week, with the Australian market not likely to wait for the US to come back again from the Martin Luther King Jr day holiday. Us industrial production gains in December confirm the resilience and broad primarily based nature of the US recovery. China elevated the requirement for financial institution reserve ratios by 50 points but this is unlikely to sluggish the Chinese juggernaut other than to consider the edge off home speculation, which is a great thing. The dip in the Australian dollar on that news represents an additional getting possibility. Sterling and Oil are once again this weeks favourite markets.
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