Please click the link below to view Shane Oliver’s latest views in respect to Europe.
The key points raised are:
- Europe has been getting it’s act together and the latest ECB stimulus measures add to confidence that its recovery will pick up pace.
- The ECB’s actions provide a reminder global monetary conditions remain very easy which is supportive of relatively high yield assets and growth assets generally.
- One risk is that the boost to the search for yield will delay further fall in the value of the Australian dollar.
