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RBA – Dovish Hold or Proactive Cut?
January has proven to be a crushing month for risk. Currencies and equities sold off hard as trade war fears gave way to concerns of a global coronavirus pandemic. China, the world’s manufacturing floor is basically shut down and countries across the globe are closing down borders to prevent the virus from spreading. Even if China manages to get the virus under control and cases peak, it will be sometime before business returns to normal. The coronavirus could become the death knell for growth this year, especially in the Asia Pacific region. The world has become reliant on China for sourcing and demand which is a ... (full story)
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