Michele Bullock, RBA Assistant Governor (Financial System), was on the wires earlier today, with the key comments reported by Bloomberg are hereunder. Investors chasing yield, pushing up asset prices. Economic environment is uncertain. “There’s no compensation for the risk that some of these corporates” are taking. Companies “might be impacted by a global economic downturn”. If the relationship between unemployment and inflation reasserts itself there will be a “snap back” in risk-free rates and a likely fall in asset prices in other areas “¦ “if that happens and people are indebted and they’ve got lots of leverage you’ve potentially got issues for the financial system. 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 China’s Oct data dump: Downbeat across all indicators – Aussie renews four-week lows FX Street 3 years Michele Bullock, RBA Assistant Governor (Financial System), was on the wires earlier today, with the key comments reported by Bloomberg are hereunder. Investors chasing yield, pushing up asset prices. Economic environment is uncertain. "There's no compensation for the risk that some of these corporates" are taking. Companies "might be impacted by a global economic downturn". If the relationship between unemployment and inflation reasserts itself there will be a "snap back" in risk-free rates and a likely fall in asset prices in other areas "¦ "if that happens and people are indebted and they've got lots of leverage you've potentially got… 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.
