From Australia waiting for a rate hike in October after the optimistic protocols RBA

Australian OSSI was a real bull pets in recent days, showing a growth of promising news. After a fairly hawkish speech by Stevens, head of the RBA, said yesterday, today's growth continued at least eagles 'Minute' previous meeting. As reported in the published minutes of Tuesday morning, the Bank reports that "may require an additional increase in rates in case of continued growth." Since the growth of the Australian economy there is no doubt (at least for the next couple of quarters), then dissolve doubts and that the policy tightening cycle will continue.

The next meeting is scheduled for 5 October, and already he was expected rate hikes from the current level of 4.5%. Recall that, in parallel with this, Japan builds a program quantitative easing and the U.S. and British commentators expect similar steps in the near future, however, and in Europe the policy of the ECB could be described as extremely stimulating. AUD / USD traded at levels above which was only five months in its history (from February to July of 2008), EUR / AUD shows extremely persistent and steady downtrend, AUD / NZD to hyperbole reached 1,30 to 1,20 for more than two months. It seems that in quotes includes a rather optimistic scenario for OSSI. If expectations are not met, then the entire structure could collapse, as in the second half of 2008. But who is now ready to put against the Australians?

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