Australia In Focus : Australia’s Golden Week Too
2 year low in the ASX but the AUDUSD stayed out of trouble and avoided breaking a new 6Y low after its 0.6896 earlier this month. It would be difficult to say if… Continue reading
2 year low in the ASX but the AUDUSD stayed out of trouble and avoided breaking a new 6Y low after its 0.6896 earlier this month. It would be difficult to say if… Continue reading
Biggest positive for the week would be the China – Australia FTA on 17 June to knock off the big drop in iron ore prices again. “Australian businesses currently face charges of up… Continue reading
We are pretty close to the 6 year low of 0.7533 set on 3 April in the AUDUSD despite closing the week relatively unchanged and shorts are building up again as the RBA… Continue reading
A cheeky interpretation of the AUDUSD chart for the week as a solemn tribute to the devastation in Nepal. And my eagle eyes tell me that the candlestick on 28 April is the… Continue reading
A big apology for the updates because I just discovered that the 1wk change number for iron ore has not been updating. The problem has been fixed. The Australian dollar is not… Continue reading
Continued rumblings in the China growth story as FDI falls 17% and borrowings continue to soar with Beijing becoming the 8th region to issue their own local government bonds for CNY 10.5 billion… Continue reading
Top tiered Chinese banks will hit the domestic bond market for US 21 bio in Basel 3 compliant sub debt as loan growth slowed dramatically. Most analysts are unwilling to relinquish their risk… Continue reading
China is probably the only place making sense as yields rose on the week after a GDP number that was above expectations at 7.5%, beating the previous quarter’s growth rate of 7.4% yoy,… Continue reading
Some heat taken off China and the USDCNY(H) this week, on account of the attention given to US and Europe, allowing a melange of new issues (mostly not listed) including the double digit… Continue reading