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)
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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. TradingFloor.com is a social trading website, a property of Saxo Bank, and is offered to clients of Saxo Capital Markets in Australia.
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Saxo Capital Markets Australia
Contributor
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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No areas of expertise
Saxo Capital Markets Australia
Contributor
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....
Expertise
No areas of expertise
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