There could be a temporary reprieve from the sale wave... but the Chinese winds are still south. None appears to be still in control. So strains in the markets will continue with fall in oil leading the way to volatility.
The mega investors are licking their wounds and might be very circumspect. This blog views that that the best bets therefore continue to be:
USA assets
Japanese Yen
Australian property.
Sector wise, IT , bio technology and pharma may hold.
Tailpiece: Is the RBA defending the Australian dollar?
Australian foreign exchange reserves
Source RBAustralia.
This blog is an academic expression, it recommends no investment of any type and any expressions are without any risk or responsibility.
The mega investors are licking their wounds and might be very circumspect. This blog views that that the best bets therefore continue to be:
USA assets
Japanese Yen
Australian property.
Sector wise, IT , bio technology and pharma may hold.
Tailpiece: Is the RBA defending the Australian dollar?
Australian foreign exchange reserves
USD mio
| |
Sep ,2015
|
50, 942
|
Oct
|
45, 673
|
Nov
|
49, 034
|
Dec
|
49, 272
|
This blog is an academic expression, it recommends no investment of any type and any expressions are without any risk or responsibility.
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