2012-02-07
Market Report – 7 February 2012
- Risk appetite wanes as Greek negotiations miss latest deadlines
- German chancellor Merkel warns that Greece is ‘running out of time’, but Euro bounces from lows
- Aussie still well supported ahead of RBA decision as 1.0680 support holds
- US markets ease lower as traders fret about Greece
- Oil, gold both continue lower, other commodities also weaken overnight
- Today’s focus clearly on RBA at 2.30pm, market expects 25 basis point cut to 4.00%

