Bernanke talks down the taper, markets to go wild

Fed chief Ben Bernanke has fired up currency and commodity markets with a speech sharply at odds with the FOMC minutes.

Ben Bernanke has just lit a fire under global commodity and currency markets. And that will flow through to Australian stocks this morning, which are expected to open strongly.

The haste with which markets have unwound their risk positions in the past seven weeks now is being questioned as gold, oil and currency markets have begun to reverse their positions in the past few hours.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles