There is some tempering of expectations about U.S. interest rates which is helping a relief rally.
More Quotes from Atul Lele:
It looks like a good deal and it highlights the international plans and opportunities that Macquarie Media has.Atul Lele
We would certainly favor any disposal of Virgin Blue. They're still not getting many benefits because the oil price is high and the labor market's still restricting any real leverage of the business model.
Atul Lele
And our market is being helped by a bounce in commodity prices, after they were heavily sold off in the past few weeks.
Atul Lele
I think offshore investors would be looking at the Australian telecommunications market and seeing a stock that is already fully priced compared to its international peers and has sentiment weighing on it, at least for the shorter term.
Atul Lele
The volatility of international equity, interest rate and currency markets has the potential to significantly alter the value of the funds' assets.
Atul Lele
There is a lot of cash around at the moment, and established infrastructure with stable cash flows is an appealing investment.
Atul Lele
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