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Distributed: Feb 7, 2011

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Sydney, Feb 7, 2011 (ABN Newswire) - The outlook for global equity markets, and especially the Australian market continues to improve. Australian equity markets in particular are still far below their correct fundamental value. Gold and oil, like other commodity markets, appear ready for further strong gains. The Australian dollar is comfortable in this higher band but is still targeting US$1.0800 this year, according to Clifford Bennett of Herston Economics.

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Clifford Bennett
Herston Economics

ABN Newswire
Tel: +61-2-9247-4344
Fax: +61-2-9247-4511

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