Castlemain
Casual Member
"A number of emerging market economies whose fortunes are tied to China's are also perceived to be at risk. According to research from NN Investment Partners, the extent of capital flight out of emerging markets has risen to $1tn over the past 13 months, double the amount that left during the financial crisis. Economies that count China as a first or second largest export partner include Australia, New Zealand, Brazil, Indonesia, Malaysia and South Africa."
http://www.msn.com/en-gb/money/econ...the-global-economy/ar-BBm344z?ocid=spartandhp
I think that we can see the Australian and New Zealand dollars suffer over the long term...
Castlemain.
http://www.msn.com/en-gb/money/econ...the-global-economy/ar-BBm344z?ocid=spartandhp
I think that we can see the Australian and New Zealand dollars suffer over the long term...
Castlemain.