CBA on an impact of the coronavirus on Australia (not a positive impact)

  


A heads up on what will be a loss for Australia ahead from CBA’s head of bond and rates strategy Martin Whetton (remarks via Bloomberg) 

  • “There are fears that the coronavirus will significantly impact tourism numbers for Australia on top of the impact from recent bushfires”
  • “We hold the view of lower market rates and we target 10-year yields at 0.85% in coming months”

Yep.

Not just Australia is going to be at risk from the virus impacts: 

A heads up on what will be a loss for Australia ahead from CBA's head of bond and rates strategy Martin Whetton (remarks via Bloomberg) 

ForexLive



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