This announcement has probably saved a great deal of carnage on our market today!
Aussie stocks off lows on Fed rate cut
10:20, Monday, 17 March 2008
(Updates to market opening)
SYDNEY, March 17 (Reuters) - Australian shares trimmed early
losses to fall 0.5 percent on Monday after the U.S. Federal
Reserve lowered the discount rate to 3.25 percent.
Currently, I am UP from last Friday - very unexpected!
And tomorrow is going to be cooler after 15 days of 38+ heat! Yay!