Is AUD a Coronavirus safe haven?
It was the absolute whipping boy of the crisis. Now it’s the superstar of the markets rebound. Is the AUD now a safe haven of the Coronavirus crisis? On the agenda, we discuss the rebound and the drivers of AUD to investigate further.
On the agenda, we discuss the rebound and and the drivers of AUD to investigate if it is a Coronavirus safe haven. Drivers covered will include:
1. global and Australian growth (or, more recently, Chinese growth and Australia’s terms of trade);
2. interest rate differentials;
3. investor sentiment and technicals
4. the relative strength of the US dollar. We'll conclude by discussing the investment implications of this going forward
Join Nucleus Wealth’s Head of Investments Damien Klassen, Chief Strategist David Llewellyn-Smith, and Head of Operations Tim Fuller as they cover “IS AUD a Coronavirus safe haven?”
(Links are featured at the bottom right of the player if you wish to listen on your preferred platform). If you enjoy, consider subscribing on YouTube or your preferred podcast platform to ensure you don't miss future episodes
MORE ON Asset Allocation
Damien runs asset allocation and global stock portfolios for Nucleus Super, Nucleus Ethical and Nucleus Wealth. His 25 year+ career includes Global Quant at Schroders, Strategy at Wilson HTM & co-founder of Aegis.