Kể từ bây giờ chúng tôi là Elev8

Chúng tôi không chỉ là một nhà môi giới. Chúng tôi là một hệ sinh thái giao dịch tất cả trong một—mọi thứ bạn cần để phân tích, giao dịch và phát triển đều có ở một nơi. Sẵn sàng nâng tầm giao dịch của bạn?

AUD/CNY to continue trending lower - Westpac

Westpac strategists expect the Australian dollar to continue falling against Chin's Yuan and drop to mid-4.60 in the near term. 

Key points

Our base case is for the RBA to cut the cash rate to 0.5% in Feb, followed later in the year by another cut and QE. This outlook should keep AUD/CNY trending lower.

AUD has background support from ongoing historically large trade surpluses, elevated equity prices and low volatility. But sub-trend growth and muted inflation are keeping markets leaning towards further RBA easing.

Yuan's recent 3% gains against the US dollar might be somewhat excessive, as the US-China trade deal offers only limited tariff relief for China in exchange for a huge increase in purchases of US exports.

AUD/CNY is currently trading at 4.72, representing a 3.6% drop on a year-to-date basis. "Any recoveries to above 4.80 are likely to fade," Westpac strategists mentioned in the daily note. 

Coronavirus - China National Health Commission press briefing at 0200GMT

Coronavirus - China National Health Commission will hold a press briefing at 0200GMT. The risk-off environment surrounding this is fragile. At the sta
Đọc thêm Previous

Majority of fund mangers expect Treasury yield curve to steepen - BoAML survey

A majority of fund managers expect the Treasury curve, as represented by the 10-year yield, to steepen, although the number of respondents saying this
Đọc thêm Next