Salvatore Babones is Australia’s globalization expert. He is an associate professor at the University of Sydney. He and I discuss the role of the US Dollar. Is its demise as a reserve currency overdone or likely?
This is an edited version of our latest live stream where we look at the latest economic data, our modelling and post level results....
We discuss the latest credit data from the RBA, APRA and also building approvals from the ABS. Wall to wall disappointment! https://www.rba.gov.au/statistics/frequency/fin-agg/2019/fin-agg-0719.html https://www.apra.gov.au/media-centre/media-releases/apra-releases-new-monthly-authorised-deposit-taking-institution https://www.abs.gov.au/AUSSTATS/[email protected]/DetailsPage/8731.0Jul%202019?OpenDocument...
With the latest rises in rates of 3% flowing through to the markets, we look at the impact, now and ahead with Steve Mickenbecker...