http://www.bloomberg.com/news/2011-07-03/traders-diverging-from-stevens-over-interest-rate-rises-australia-credit.html
“Traders do not believe that the RBA’s confidence in the China commodity story will play out as strongly as the bank assumes it will,” said Sean Keane, an Auckland-based analyst at Triple T Consulting, and former head of Asia-Pacific rates trading at Credit Suisse Group AG. “The trading market still believes the RBA is overestimating the strength of the Australian economy, and that rate hikes will not be necessary.”
“Traders do not believe that the RBA’s confidence in the China commodity story will play out as strongly as the bank assumes it will,” said Sean Keane, an Auckland-based analyst at Triple T Consulting, and former head of Asia-Pacific rates trading at Credit Suisse Group AG. “The trading market still believes the RBA is overestimating the strength of the Australian economy, and that rate hikes will not be necessary.”
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