Friday, March 8, 2013

Aussie Cemaskan Italy Political Stalemate

Aussie Cemaskan Kebuntuan Politik Italia

Monexnews-Australia Dollar Depreciation persists for the 3rd consecutive day due to fears that political stalemate in Italy of the European debt crisis will worsen, thereby eroding investors ' assets at risk to ask. Aussie also burdened by data that showed the total value of construction in Australia was down 0.1% over the last three months of last year to A $ 51,9 billion ($ 53 billion) after a record rise of 1.9% in the previous quarter. The end result is an estimate of 1.5% expansion.

"The Government of Italy will still shrouded in uncertainty and fragility during the next few weeks, as well as the commitment to reforms that might also be weakened," said Imre Speizer, Westpac Banking Corp. analyst in Auckland. "Developments in Italy is likely to be the catalyst to remove the extreme Dollar long position in Australia. You will be able to see its impact further. " (vid)



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Title Post: Aussie Cemaskan Italy Political Stalemate
Rating: 100% based on 99998 ratings. 5 user reviews.
Author: Mohammad Zulfi Satriawan

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