Daniel Want

Looking at Australia’s big four banks (CBA, WBC, ANZ, NAB) we see a condition where the evolution of the global context is under-appreciated, particularly with regards to shifts in the Chinese situation. First, we look at the valuation picture of Australia’s big four banks. Then we consider the bank’s Achilles-heel... Show More

Nathan Bell

It’s been a rough start to the year for most investors, but particularly those without international exposure. Most major stock indexes have fallen substantially and each day brings another statistic from 2015 showing that outside the FANG stocks (i.e. Facebook, Amazon, Netflix and Google) the US virtually suffered a bear... Show More

Saxo Capital Markets Australia

The People’s Bank of China has just devalued the Chinese yuan by almost 2%, announcing too significant changes to the existing exchange rate regime. John Hardy, Head of FX Strategy at Saxo says there’s probably more devaluation to come in the near future, as the more freely floating offshore yuan... Show More

Saxo Capital Markets Australia

Why yuan's sharp drop cannot be ignored - John Hardy, Saxo Bank Head of FX Strategy The Chinese yuan fell by almost 1 percent in late February, its biggest drop since September 2011. Saxo Bank's John Hardy says the drop is an intentional move by the Chinese authorities trying to stamp... Show More