The Australian Dollar is often, along with copper, used as a gauge for future economic strength – over recent months the $A has fallen in-line with bond yields and economic confidence following the emergence of the delta strain. MM is bullish both the $A and “reflation trade” into 2022 implying that iron ore may continue to surprise on the upside.
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Performance update for March, stocks that drove returns & our current positioning
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Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
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Market Matters Research Lead Shawn Hickman with David Koch
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MM is now bullish the $A medium-term
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