Opinion
China remains a mystery. Back when Europeans first tried to do business 800 years ago, China was the world’s second largest economy (behind India) before disappearing into relative obscurity from the 1800s
Opinion
Chinese debt growth rates have been very high and rising so we need to question the sustainability of it’s economic growth. If Chinese growth stalls, there will be an immediate, negative flow on to the AUD and our share market.
Week in review
Last week, the ‘big 4’ banks increased their variable mortgage rates, to compensate for higher capital requirements due to be implemented mid-2016. Yields finished marginally lower, with government bonds down at 1.82% and 2.61% for the 3 year and 10 year respectively. In trading, the highlight was BHP Billiton bonds with four out of five lines added to the DirectBonds list
Opinion
China’s real GDP growth in the 3rd Quarter of 2015 was 6.9% (annualised) according to official figures released on Monday. The official target for 2015 is 7.0% p.a. growth, and so far in 2015, the results released show China is on track. But is it really?
Week in review
The RBA's minutes released last week maintained its accommodative stance and data dependent outlook. With the Australian dollar faltering following concerns over China last week, the preference for high quality paper continued to be highlighted
Trade opportunities
Concerned about China? We have constructed a ‘Short China’ portfolio for investors worried about a downturn in the Chinese economy
Week in review
Given the uncertainty in China, some volatility in government bonds but finished flat over the course of the week
Opinion
The sudden drop in the Chinese currency, the yuan, is a stark reminder to Australian investors that China’s economy is fragile
Week in review
Greece accepts austerity measures, doubts about China’s 7% growth rate, UK and US interest rate rises on the cards
Week in review
Drama continues in Greece where banks have been closed for a fortnight, markets kept watch on China’s stock market and as expected, the RBA left the cash rate unchanged at 2%