In the latest client note, Deutsche Bank Economist Phil Odanaghoe argued that the lockdown re-imposed in the Melbourne city is unlikely to have a major impact on the Australian economic recovery. Key quotes “Our initial sense is that the re-opening reversal stemming from the lockdown will see the economy surrender some – but not all – of the better than expected trajectory. Crucially, the shutdown will close cross-border trade and movement between Victoria and New South Wales, which collectively account for more than half of Australia’s economy and population. The two states, which are separated by the Murray River and its lucrative farming districts, had previously remained open to each other even as other states closed their domestic borders.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD: Ready to climb on a EU Fund compromise FX Street 3 years In the latest client note, Deutsche Bank Economist Phil Odanaghoe argued that the lockdown re-imposed in the Melbourne city is unlikely to have a major impact on the Australian economic recovery. Key quotes “Our initial sense is that the re-opening reversal stemming from the lockdown will see the economy surrender some - but not all - of the better than expected trajectory. Crucially, the shutdown will close cross-border trade and movement between Victoria and New South Wales, which collectively account for more than half of Australia’s economy and population. The two states, which are separated by the Murray River and its… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
