Trump would never allow an influx of Chinese Students as he would see that as an open invitation for them to learn our technology something they having been trying to steal for years
Sydney ACC 01:26:45 GMT - 04/14/2019
While coal and iron ore remain Australia's largest exports in dollar terms to China education and related services is probably the most important and what's more most visible.
In 2017 education exports to China topped AUD 10 billion making it the third largest earner.
I say most visible because these students need somewhere to live when they study here. I live within one kilometre of the University of NSW where 25% of the students come from overseas. That is approximately 52,000. These people need somewhere to live. As a consequence there's been an increase in planning applications for student accommodation.
In Sydney alone there's only one dedicated student unit for every five students. In Melbourne the ratio is one for four. At present student accommodation is AUD 500 per week. This has had a negative impacy with local residents.
The average cost of a degree is AUD 25,000 per annum, then add AUD 15,000 for living expenses. It soon adds up to AUD 10 billion after allowing for earnings from local recruitment from part-time jobs.
If China tries to direct more students to USA that would have wide-ranging consequences for Australia.
Dillon AL 00:50:49 GMT - 04/13/2019
Oz exports to China
Sydney ACC 23:24:29 GMT - 04/12/2019
JP I find it hard to believe a trade agreement between China and USA will benefit Australia.
As I see it China will undertake to purchase specific commodities from USA which may reduce purchases from Australia and other countries.
Mtl JP 16:36:17 GMT - 04/12/2019
ya man nh ! "aussie back to 73 if rate cut hopes fade"
probably IF china economic/trade hopes rise again,
In the meantime:
200dma at 0.7194 = resistance
when it come to commodity ccies,
I give a lot of significance to the 200dma
Livingston nh 16:29:26 GMT - 04/12/2019
jp - usd/sgd to 1.38 -- aussie back to 73 if rate cut hopes fade and/or metals firm
Mtl JP 16:09:45 GMT - 04/12/2019
in the meantime , cretin kuroda seems to be doing a dandy job with usdyen touching march 5th 112 high as audyen is raging N of 80
need to pay more attention things asian,
seems it is where the subtle price-action is
london red 13:26:56 GMT - 04/12/2019
as i said earlier, a strong close to the day leads to (all things being equal over wknd), a further test of upside on monday, be it in the morning session or the late session. you should expect it. if the rally is early on the monday, they could fade it to reverse it into the close on monday, but another strong finish monday points to further tests higher tuesday. similar for weekly, where we are almost certain of a close at or nears highs, which points to further upside next wk. it does not mean this upside has to hold, it too can reverse and my suggestion would be to fade higher levels say 114-11450 nxt wk. only abv 11450 does the mkt turn mt bullish.
Belgrade Knez 12:45:48 GMT - 04/12/2019
can you share your eurusd view please.
london red 12:40:33 GMT - 04/12/2019
eurgbp showing signing of rolling over...top now likely in place. stops on any trades into nxt wk abv todays high
Mtl JP 12:16:32 GMT - 04/12/2019
GBP taking a run at 3x top 1,3119
Mtl JP 11:06:31 GMT - 04/12/2019
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GVI Trader john 09:34:14 GMT - 04/12/2019
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