A massive day for interest rate twitchers today with the release later this morning of the inflation data for the December 2014 quarter.
Or variations upon that theme.
Such is the nature of commodity cycles. Resources companies produce commodities and therefore are unable to differentiate on their product, and instead they compete on price.
It's dog eat dog and the larger companies with the economies of scale and lowest cash costs will be the winners.
I analysed the latest round of housing finance data in much more detail here.
3 - Banks
Inflation to decide rate cuts
In summary then, if core inflation prints at 0.5 percent or lower, then interest rate cuts become more probable.