Moody’s: Persistently low interest rates in Germany will maintain pressure on banks

The US-based rating agency, Moody’s Investors Service, is out with its review report on the German banking sector, with the key highlights found below.

Foreign loans, which represent a quarter of German banks total assets, pose a higher risk to German lenders.

Persistently low-interest rates in Germany will maintain pressure on banks net interest margins, their main source.

Australia: Employment to lift by +25k in September - TDS

Annette Beacher, Chief Asia-Pacific Macro Strategist at TD Securities, explains that in 2018 to date +175k jobs have been created by Australian econom
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Forex Today: Pound on the defensive as Brexit optimism fades

Forex today saw the British Pound gap lower in Asia as last week's Brexit optimism faded courtesy of little progress and UK infighting over the weeken
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