Moody’s Investors Services, in its latest report, has pointed out that the epidemic of the virus corona del challenges lie ahead for the major Australian banks.
Corona virus hits the winnings, or the large Australian banks.
The preservation of Capital, that is the support of their ratings, but there are great challenges ahead.
The reaction of the Market
The pair AUD/USD is looking to extend its rebound towards 0.6500, receive a new impetus from a peak in the AUD/NZD system. The kiwi the dollar fell on the RBNZ QE, as it seems, and calls for a negative interest rate.