Saxo Capital Markets expects further rate cuts in Australia; Good outlook for Asian stocks

Saxo Capital Markets Australia

Multi-asset trading platform

Saxo Capital Markets expects another cut of interest rates during next RBA’s monetary policy meeting, on the 5th of May. Christoffer Moltke-Leth, head of client trading, says in total Saxo Capital Markets expects a reduction of 50 basis points in the near future. Easing monetary policy will eventually result in an even weaker Aussie dollar. Moltke-Leth also offers a quick update on China, which just registered the weakest quarter in terms of growth in the last six years, but has a stock market is on the rise. To learn more about this insight watch here: (VIEW LINK)


Saxo Capital Markets Australia
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Multi-asset trading platform

Saxo Capital Markets (Australia) Pty Ltd is a wholly owned subsidiary of Saxo Bank A/S, a global online trading platform specialist. We enable investors the ability to trade FX, CFDs, Stocks, Futures & other derivatives from one account....

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