Whys go alone? Sterling and AUD share the pain
=> Gold and other Chinese assets have a strong correlation with the Dollar strength story - these are weighing heavy especially on AUD as a commodity currency.
=> Here we are expecting the December 2016 lows at 0.7160 to be tested with the base of the channel around the corner @ 0.7098
=> The RBA continues to appear more confident although Governor Lower has hinted there is no case for any near term adjustment in rates .
=> Growth is expected to rise to just under 30% in 2018 and 2019 before slowing into the next decade. The catalyst here is the rising demand for commodity exports.
=> The global environment will continue to dominate the flows as AUD moves as collateral with the rest of the board.
=> Good luck all
=> Here we are expecting the December 2016 lows at 0.7160 to be tested with the base of the channel around the corner @ 0.7098
=> The RBA continues to appear more confident although Governor Lower has hinted there is no case for any near term adjustment in rates .
=> Growth is expected to rise to just under 30% in 2018 and 2019 before slowing into the next decade. The catalyst here is the rising demand for commodity exports.
=> The global environment will continue to dominate the flows as AUD moves as collateral with the rest of the board.
=> Good luck all
