Analysts at TD Securities note that the RBA published its semi-annual Financial Stability Review today and it acknowledged a greater chance of weaker growth. Key Quotes “Risks revolving around from external shocks (trade and financial links), high household debt (could curtain consumption) and housing (further out risk of rapid growth in prices given low supply but growth in population). Nonetheless the RBA believes the Australian banking system is resilient to downside risks with Banks holding adequate levels of capital/ liquid assets and implementing Loss Absorbing Capacity with APRA’s direction.” “Given the ability to withstand these shocks, the RBA warned lenders not to be too strict when assessing borrowers as this could dent economic activity.” 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 Bitcoin price prediction: BTC/USD barely holding at the edge of a cliff – Confluence Detector FX Street 3 years Analysts at TD Securities note that the RBA published its semi-annual Financial Stability Review today and it acknowledged a greater chance of weaker growth. Key Quotes "Risks revolving around from external shocks (trade and financial links), high household debt (could curtain consumption) and housing (further out risk of rapid growth in prices given low supply but growth in population). Nonetheless the RBA believes the Australian banking system is resilient to downside risks with Banks holding adequate levels of capital/ liquid assets and implementing Loss Absorbing Capacity with APRA's direction." "Given the ability to withstand these shocks, the RBA warned lenders… 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.
