BLOOMBERG Bloomberg Markets Asia July 14, 2024
Commodities. Sterling is very much in focus. The pound under some pressure after Boris Johnson was named the new u. K. Prime minister. How much of it period will he have . Can he deliver the brexit by october 31 . We see the aussie dollar at 69. 80. West back bringing forward the rbas next rate cut. They are citing a 0. 5 target for the rba cash rate. We saw a move in bonds, yields are down two basis points. Away from record lows. The kiwi continuing to see weakness today. We might need to go unconventional in policy tools. David we were down as much as one for the 1 . Much as one fourth of 1 ...