You’ll recall that the Aussie economy did contract by half of one percentage point in the fourth quarter. That was pretty mild compared to the 6.2% contraction in the U.S. But if the trade-supported Q1 GDP figures can eke out a gain (“positive growth”), well then Australia will join the odd couple of Poland and South Korea…
June 3rd, 2009 | Dan Denning | 2 comments | Continued
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| All Ordinaries | 4318.900 | ||
| S&p/asx 200 | 4242.800 | ||
| China Shanghai Co | 2344.771 | ||
| Gold Sep 11 | 0.00 | ||
| Clj11.nym | 0.00 | ||
| Nikkei 225 | 9052.07 | ||
| Indu | 0.00 | ||
| S&P 500 | 1351.77 | ||
| Ftse 100 | 5917.03 |
