The Australian share market rose early today after dovish comments from Federal Reserve chairman Bernanke prompted short covering in some recent laggards.
In a speech at the University of Michigan, the Fed chairman said there was "quite a ways" to go before he'd be satisfied with the US economy, and that he didn't see easy monetary policy and quantitative easing fuelling inflation.
Source:
http://www.theaustralian.com.au/business/markets/australian-stockmarket-higher-after-bernankes-comments-on-stimulus/story-e6frg916-1226554229398
