On Europe, Investors Take Bets on Which Central Bank Blinks First

Dr Shane Oliver, Chief Economist and Head of Investment Strategy at AMP Capital in Sydney, discusses:

- ECB holding holding key interest rate unchanged;
- Whether Fed or ECB will move first on Eurozone;
- Fed comments - beige book - chances - QE3;
- QE3 options - shape and form;
- Aussie GDP - up twice as much as forecast - views;
- Equities strategy - deep discounts - outlook.