A couple of charts today from Westpac: They see iron ore in the high $50s late this year and falling away to $40 late next year. It’s right but too slow. We’re looking at $40 by early next year. For coking coal they see similar to the MB outlook. Thus for the Australian dollar they see
The post Westpac bears-up big on Australia appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]