Sustainable funds in Australia and New Zealand saw US$567 million in inflows in the last quarter, according to Morningstar, but political concerns in the US meant global funds recorded their first-ever quarterly outflows.
BetaShares has shared its views on the state of the ETF industry. In what has been a challenging year for global markets, BetaShares CEO Alex Vynokur has described the robustness of the Australian E
Aussie dollar wedged between QE and commodities in 2021
Share
Market economists expect the Australian dollar to remain wedged between the duelling forces of upward pressure from Australia s commodity exports, and downward pressure from the Reserve Bank s $100 billion quantitative easing program.
As the Asia region and chiefly China lead the global economic recovery, demand for Australia s resources exports has continued to support the Australian dollar to a 2020 high of US77.42¢ on December 31 from a low of US55.11¢ on March 19.
The impact of ongoing QE on the local currency is likely to be the determining factor in swaying the Reserve Bank to expand its asset buying program this year.