The negative Australian theme continues
The Australian real estate roller coaster continues and we'll see the biggest declines in real estate of the next six to 12 months.
RBA has hinted it is open to a third rate cut this year as it attempts to revive the country's sluggish economy.
Unemployment in Australia has ticked up to its highest level in nine months.
The USDCNH 7 level if breached could significantly impact any Chinese investment in Australian real estate.
Price is approaching the YTD low and could easily make fresh lows. Looking back on the chart there's an interesting $0.60 level from 2008.
RBA has hinted it is open to a third rate cut this year as it attempts to revive the country's sluggish economy.
Unemployment in Australia has ticked up to its highest level in nine months.
The USDCNH 7 level if breached could significantly impact any Chinese investment in Australian real estate.
Price is approaching the YTD low and could easily make fresh lows. Looking back on the chart there's an interesting $0.60 level from 2008.
