15.11.2016 - Trump a boon for Aussie commodities
Despite uncertainty around the ramifications of a Trump presidency, it appears Australian commodities could emerge the real winner from the US election. While details of his exact policies remain unknown, Donald Trump’s largely touted infrastructure spending would likely support commodities, particularly in Australia, according to HSBC chief economist Paul Bloxham. “A Trump presidency looks likely to mean the Americans will be spending more on infrastructure which could very well lead to hard commodity demand and support for commodity prices,” Bloxham said............................................Full Article: Source
Print