A big theme moving forward will be stocks with higher $USD/lower $AUD exposure and beneficiaries of higher U.S. interest rates. The perfect play for this is QBE. Generating earnings in $USD and a good chunk of profit from a conservative investment portfolio for the cash it holds, meaning any increase in U.S. interest rates will help considerably increase portfolio earnings. After battling a string of natural and organisational disasters in the last two years the stock is now being pitched by analysts as a turnaround story. Technically the share price has been in an uptrend since January and has recently exceeded short term resistance levels again. Full Read: (VIEW LINK)
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