The People’s Bank of China is expected to keep the one-year and five-year Loan Prime Rates steady at 3.45% and 3.95% respectively. However, any unexpected cut could potentially boost demand for the Australian dollar. Lower lending rates in China could lead to an increase in credit demand and consumption, which in turn could benefit the
The recent surge in investment flow towards small caps may not necessarily indicate a simple rotation from winning growth trades. According to Dave Nadig, an ETF journalist and financial futurist, investors seem to be engaged in a frenzy of buying across the board rather than just shifting funds from one sector to another. This diversification