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The company was not doing well and everyone was expecting it to fall apart.
The number of people out of a job dropped by 3,000 to 2.9m in February, while economists were expecting it to fall by 5,000.
But the price of oil will most likely remain high, with few analysts expecting it to fall far below $30 a barrel in the coming months.
"I heard this thing that Labor's letting it all go ahead but still expecting it to fall over economically and obviously any way that it stops is a good thing," he said.
The continuing tough market for newspaper led DMGT to warn investors that it will miss its stated 13% operating margin target for DMG Media this year that it set in November, instead expecting it to fall to 10%.
The fund would "short" US interest rates, predicting them to rise sharply to around 10 or 15%, and go long on the dollar, expecting it to fall.
Similar(53)
Nobody seriously expects it to fall apart indeed, the euro has protected its more vulnerable members from what might otherwise have been serious currency crises.
Next year he expects it to fall to around ten cents.
Few expect it to fall within a year.
The International Cotton Advisory Committee expects it to fall by 2.3% in 1998-99, to less than 19m tonnes.
Moody's expects it to fall further this year to 1.9%, the lowest in two decades.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com