Press Releases

Distributed: Feb 24, 2011

Alerts Login

Share on StockTwits  
Sydney, Feb 24, 2011 (ABN Newswire) - We were looking for a possible better low today, and we certainly have that, said Clifford Bennett of Herston Economics. The outlook is for a major low to be put in place today Bennett said. While many are bearish equities because of higher oil prices, the reality is that businesses will have to adapt, because oil is going a lot higher, to US$145 perhaps this year. Global growth will remain strong nonetheless and the sell down in the equity market simply represents a great buying opportunity.

Gold and Oil are still favoured, and the US dollar is having that weakness that was suggested. The Euro and Australian dollar remain the favourite currencies at Herston Economics.

View the videocast here:

Share on StockTwits  


Clifford Bennett
Herston Economics

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

  Related Companies

>>>              Herston Economics

  Related Industry Topics:

Metals | E-Commerce | Credit & Misc. Finance | Consumers General | Financial General | E-Business | Retail & Merchant Banking | Mining | 

  This Page Viewed:  (Last 7 Days: 8) (Last 30 Days: 15) (Since Published: 1559) 


  ABN Newswire on Social Media

Site Search

 ENGLISH   All Languages
Send A Press Release
Connecting Investors with Opportunity

Upcoming Webcasts

Mr Glen Darby
Condor Blanco Mines
Monday, April 28, 2014

Mr Tim Mckinnon
Madison Resources Group
Monday, April 28, 2014

Mr Richard Johnson Director
Crater Gold
Monday, April 28, 2014

Mr Allan Kelly MD
Doray Minerals
Monday, April 28, 2014

Mr Christopher Darby MD & CEO
Valence Industries
Monday, June 09, 2014

Webcast Your Annual General Meeting

Mobile Video TV

Scan with your Mobile Phone to view ABN Newswire Video Channel on Mobile
City Index - A Better Way To Trade