Aussie dollar vulnerable to further EM turmoil

Original article by Patrick Commins
The Australian Financial Review – Page: 22 : 28-May-18

The Australian dollar has shed three per cent against its US counterpart so far in 2018. Rodrigo Catril of National Australia Bank expects the currency to trade within a range of $US0.75 to $US0.77 for the rest of the year. However, he warns that sustained volatility in emerging markets is a potential risk for the Australian dollar. Catril adds that this risk should remain relatively low unless the volatility extends beyond countries such as Turkey, Argentina and Venezuela.

CORPORATES
NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AMP CAPITAL INVESTORS LIMITED, UNITED STATES. FEDERAL RESERVE BOARD, BLOOMBERG LP

Dr Doom says ‘a serious recession desirable’ for the West

Original article by Patrick Commins
The Australian Financial Review – Page: 17 & 31 : 28-Oct-16

Investment expert Marc Faber notes that global economic power has shifted from the developed world to emerging economies in recent decades. He adds that trade between Asian countries has also become much bigger than the region’s exports to the US. Faber also suggests that the financial sector still accounts for too much of the economy in Western nations, and a major recession may be beneficial for developed countries. He says mining stocks and emerging market equities offer good value at present compared with their peers.

CORPORATES
BLOOMBERG LP

What world poverty? My responsibility is just to other Australians, one in five say

Original article by Roy Morgan Research
Market Research Update – Page: Online : 23-Jan-15

A Roy Morgan Single Source survey has found that 48 per cent of Australians aged 14+ believe that they have a responsibility to do what they can to help the world’s poorest people. The survey, which was carried out in the year to September 2014, also shows that 31 per cent believe that it is not their responsibility but they should make regular contributions anyway, while 21% believe that their responsibility is just to other Australians

CORPORATES
ROY MORGAN RESEARCH LIMITED