4 Quotes by Michael Coates

They've changed their stance, which is good, which is a positive and the market has taken that positively, but the fact that they're not going to be doing any real tightening in the short term is also very positive.

It's a personnel issue and we don't comment on them.

Nobody actually knows what's going on there anyway. So it could get a little bit bigger than what it is. I think people are wary of what's going on.

The market was looking for some clarity ... which it got. The fact that they're not going to be doing any real tightening in the short term is also very positive.