China Downgrade, AUD Recovery In Focus
Carlos Casanova, Senior Economist, UBP
06-Dec-23 07:00
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Moody’s has downgraded its outlook on China’s government credit ratings to negative from stable, while also lowering GDP growth expectations. The Australian dollar has also been strengthening against the US dollar. Carlos Casanova, Senior Economist at UBP breaks down the various issues driving markets.
Image credit: Shutterstock.com
Produced by: Mike Gong
Presented by: Wong Shou Ning, Keith Kam, Anwar Mahbob
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Tags: market watch, moody's downgrade, china economy, china property crisis,
