Australia Focus : Recession Proof
The Australian dollar has had a slammed and dunked week again making it the 3rd worst performing currency in the entire world for the month of September, losing 6.08% against the USD and… Continue reading
The Australian dollar has had a slammed and dunked week again making it the 3rd worst performing currency in the entire world for the month of September, losing 6.08% against the USD and… Continue reading
Wrong footed Australia would have to wait for another day for the AUD dollar to show any sign of weakening. Longs are building in the AUD position and the last time the market… 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 aboveĀ expectations at 7.5%, beating the previous quarter’s growth rate of 7.4% yoy,… Continue reading
Lower yields, stronger currency and not many new bonds to sell. Moody’s came out with some robust growth headlines for the country that is accompanied by warnings of a potential housing market correction.… Continue reading