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China Downgrade, AUD Recovery In Focus
Moody’s has downgraded its outlook on China’s government credit ratings to negative from stable, while also lowering GDP growth expectations. The Australian dollar has also been strengthening against the US dollar. Carlos Casanova, Senior Economist at UBP breaks down the various issues driving markets.
Image credit: Shutterstock.com
See omnystudio.com/listener for privacy information.
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By BFM Media
3.5
22 ratings
Moody’s has downgraded its outlook on China’s government credit ratings to negative from stable, while also lowering GDP growth expectations. The Australian dollar has also been strengthening against the US dollar. Carlos Casanova, Senior Economist at UBP breaks down the various issues driving markets.
Image credit: Shutterstock.com
See omnystudio.com/listener for privacy information.
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