Chinese data dump: 'Risk on' regardless
Chinese data dump: 'Risk on' regardless? Presuming that nothing nasty comes out of the RBA monetary policy minutes at 11.30am, something that I think is unlikely, look for the index to extend gains in the afternoon session with investors likely to take the view that the Chinese data, no matter whether it prints strong or weak, will be bullish given its implications global growth or the prospect of further stimulus from China's PBoC.... (VIEW LINK)
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
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