Australian Dollar Archives | Grain Brokers Australia

Weekly Report 15/1/16

Posted by | Currency, GBA News, Markets, Misc | No Comments

WHEAT

Agricultural markets had a rough week as the market reacted to the volatility in the Chinese economy. China is a major importer on the global market, so any reduction in the Chinese economy raises concern on future demand.

CBOT March 16 futures finished the week slightly lower at 468.4Usc/bu down 0.8 USc/bu for the week.

AUSTRALIAN DOLLAR

The Aussie dollar finished the week at the 70c mark. China’ growth prospects appear sluggish and if their economy continues to slow we can expect our A$ to come under pressure too.

To read the full reports click the link below.

Weekly Report 16_01_18

Start your free trial now or call us on 1300 946 544 for more information. Sign up today