Not sure what makes you say that Spec - if anything what I'm reading about the RBA's forward view is they may be easing rates, not tightening, and there's nothing to indicate a long term bullish view on commodities (IO strength is short term due to Vale disaster & seasonal due to Chinese NY)
But then again, imo forecasting market direction by anyone including the so-called experts is pure guesswork, which is why I stick to my charts & stats
