On November 29 (Friday), Australia and the United States closed down at 0.6770 because the Bank of Australia was expected to cut interest rates in the near future or again, and Australia and the United States closed down since the beginning of November. The Australian standard 200 index continued to close for five trading days, successfully setting a new high in the next year, closing at 6864 points on the fourth day of the week.
1. Whether the governor of the Bank of Australia has agreed to implement a quantitative and relaxing policy in the short term, but it will be difficult to cut interest rates further to avoid
2. The Australian stock monthly structure is shaped in the upper direction, and the short line is too large in order to adjust and adjust the size of the short line.
3. The interest rate cut is expected to reduce the situation in the Australian dollar, and the Australian dollar is expected to return to 2.0.
1. Whether the governor of the Bank of Australia has agreed to implement a quantitative and relaxing policy in the short term, but it will be difficult to cut interest rates further to avoid
The possibility of such a policy deployment will not be seen in the short term, according to the Australian central bank's chief executive, Lowe, whether Australia needs to launch a printing facility to boost its economy. Dr Lowe said Australia's economy had not fallen to a point where India needed to stimulate it. At a business dinner on Nov. 27, he discussed what he called a quantitative easing policy, a controversial way to stimulate the economy by effectively injecting more money into the financial system to reduce borrowing costs. To stimulate the economy, the Australian central bank has adjusted interest rates three times, halving it, from 1.5 percent to 0.75 percent. Economists generally predict that in the next few months, Australia's central bank will adjust interest rates again, cutting them to 0.5 percent.
After the global financial crisis exploded a decade ago, major domestic economies, including the United States and Britain, launched the plan. Economists have warned that with interest rates close to zero and interest rate cuts ineffective, the central bank may have to turn to India and other extraordinary stimulus measures. It is worth noting that the policy interest rate is basically a common phenomenon in Europe.
At the same time, it is not clear that the government of Australia is holding down the interest rate cut and the new government's policy of making new government, which is still not clear, and JP Morgan and Nomura are held in the same time. The Royal Bank of England and the Royal Bank of Canada, both of the Royal Bank of Australia and the Royal Bank of Canada, are the first of all the Bank of Australia in June 2020.
2. The Australian stock monthly structure is shaped in the upper direction, and the short line is too large in order to adjust and adjust the size of the short line.
On the stock market, investors guessed that the reserve bank might take a further step to lower the base interest rate, or even take a quantitative policy of relaxing policy, pushing up the market situation. On the morning, the stock market of the four Australia University of Asia set a new high in the morning, with the maximum number of the benchmark 200 index rising to 6869.5 points, and the final closing point was 6864 points, up to 0.2%. So far this year, the 200 index has risen 21.6 percent, compared with 3 percent in November, which is expected to be the best month since June.
From a technical point of view, Australia refers to the continuous closure of the sun for five trading days, and the monthly line has closed at a high point of 6875 points in July, which has laid the shape of the upper height of the moon line in the Australian slow bull market. At the Japanese line level, Australia refers to the fact that the current line has gradually narrowed down, and the situation of high decline has emerged on Thursday and Friday, showing that the differences between the two sides over the position are quite large. Therefore, a short line on Australia refers to the possibility of multiple head failure, and a short line has the possibility of stepping back on the lower resistance to transfer the branch position. In operation, those who invest can try to make short, the resistance level is around 6880, and the branch position is 6814 points.
3. The interest rate cut is expected to reduce the situation in the Australian dollar, and the Australian dollar is expected to return to 2.0.
On the foreign exchange market, the market forecast Australia to cut interest rates again, the Australian dollar trading situation continues to be weak, falling difficulties to change. On the British side, the people's coordination shows that the conservative party may win most of the seats. Therefore, the British Australian dollar is expected to continue the upward pattern, showing that the Australian dollar is maintaining a long trend, and setting up a new high in the next three years. The Japanese line successfully broke through the 1.895 1.904 social box yesterday, and the uplink head is expected to speed up the operation. On the 5th day of operation, it will be possible to step back around 1.9033 of the branch position. If the United Kingdom can successfully complete the departure process as expected, if the United Kingdom can successfully complete the departure process as expected, the upward trend is expected to accelerate, and on the 5th day of operation, it will be able to step back and step back in the vicinity of 1.9033 of the branch station, if the United Kingdom can successfully complete the departure process as expected. The Australian dollar is expected to return to 2.0 by mid-2020.