retirement can have a lot of money left from last year, temporarily leaving the stock market began to get involved in short-term bank financial products. Yesterday, the self that is want to on, actually runs counter to her investment ideas and product design. It is understood that this commonly known are blinded by
strong Australian dollar led the financial products market
in the foreign exchange market, the RBA’s unexpected decision to maintain the benchmark interest rate unchanged as to the Australian dollar rally has added a effort, the day after the announcement of interest rate policy,wow gold, the Australian dollar shot up to fall,wow gold, the next few days and continue to triumph, reaching its highest point since last August, more than 1.0844. Of press yesterday, the AUD / USD reach 1.0714. Maintained in step with the commodity currencies, the New Zealand dollar rally. In this atmosphere, the commodity currencies, the Australian dollar sentiment remains bullish on the market rising.
foreign exchange traders, the Australian dollar still conditional to maintain higher interest rates, exchange rates would not have too much negative impact. The industry warned that the Australian dollar interest rates can not cut too much, because even if the economy is bad, it also needs to maintain high interest rates – which is still high welfare state in Australia, the government borrowed against business; and Japan, such a high debt countries, debt in Australia is mainly bought by foreigners, so the higher its rate of return (yield), before to support its national debt sales, the Australian dollar even if the devaluation will not depreciate too much.
foreign exchange market, a strong Australian dollar led to changes in the relevant market, the recent hugely popular than financial products linked to AUD class of financial products. Due to the strong Australian dollar last year has been in the financial products statistics released by the wealth of general interest, such financial products won several times the highest income varieties. Reporters found that many banks have introduced financial products linked to Australian dollars. Go to the bank to find such a good situation for ordinary investors is also just around the corner, Ms. Wang is read related news about the Australian dollar financial products.
The Australian dollar rose very good, buy the Australian dollar class financial products. However,
state-owned banks launched. She knows is the rate of return of between 2% to 6%, which means that the highest rate of return is 6%. She thought, if the Australian dollar up well, then the yield will be higher. But when reporters carefully review the instructions of this financial product but they found that the design runs counter to her opinions with this financial product. The financial products is RMB investment funds linked to the indicators for the AUD / USD spot exchange rate, the basis for their investment income than the Australian dollar / U.S. dollar price indices, but according to an observation level of the exchange rate value. 6% of the proceeds; in the observation period for each observation date,wow gold, linked to indicators remain at the observation level above, only received a minimum income of 2%.
reporter saw at the beginning price of this product to Beijing two in the afternoon, February 15, Reuters AUD = The level of the observation that the exchange rate the price would go minus 0.0320.
In other words, if during this period, only the Australian dollar / U.S. dollar price once fell below the yuan / dollar have been rising only 2% of the proceeds. The original, only down to get high yield. Moreover
, Ms. Wang also found that this so-called linked Australian dollar / U.S. dollar exchange rate financial products, its capital investment and the exchange rate does not matter much. Note that this product to raise funds and into my pool of funds for unified operation and management of, investment in the public rating of the bonds, central bank bills in circulation in the domestic inter-bank bond market, the country for a debt, Exim Bank bonds and agricultural issue bonds repurchase of financial products and investment-grade bonds, foreign exchange, gold options, and other financial derivative products.