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Moody’s Australia 2017 outlook: Stable for all sectors

"Non-Financial Corporates - Australia, 2017 Outlook: Stable for All Sectors", the just released report of the ratings agency Moody’s says most corporates also show solid balance sheets and liquidity and the outlook for corporate sectors in Australia is stable during 2017.

Maurice O'Connell, a Moody's Vice President and Senior Credit Officer said, “Our core outlook is for a modest increase in earnings growth, driven by an improvement in the domestic economy, with 2.0-3.0% GDP growth in 2017 and accommodative monetary policy settings”.

PBOC sets USD/CNY at 6.8904 vs 6.8779

PBOC sets USD/CNY at 6.8904 vs 6.8779
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GBP/USD stuck at 5-DMA in Asia

GBP/USD pair recovered from the session low of 1.2407 but is having a tough time taking out the 5-DMA hurdle of 1.2425. Focus on Autumn statement Ch
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