RBA's Lowe: “If ever there’s a time to borrow, now is it”

RBA's Lowe: “If ever there’s a time to borrow, now is it”

 

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NZD/USD: Pressured above 0.6000 following PBOC rate decision, risk-off

Despite bouncing off intraday low of 0.6008, NZD/USD remains under pressure, down 0.18% on a day around 0.6022, during the Asian session on Monday. Th
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US budget deficit to hit 19% of GDP in 2020

The US budget deficit or the gap between the government's expenses and revenue is expected to widen to a whooping 19% of the gross domestic prodict (G
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