Canadian Imperial Bank's Bennett Sees Soft Australian Q1

Canadian Imperial Bank's Bennett Sees Soft Australian Q1

Assessment

Interactive Video

Business

University

Hard

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The video discusses the Australian economy, focusing on the RBA's rate decision, the cooling housing market, and economic indicators like employment and retail sales. It highlights the Q1 economic performance, noting strong employment but weak exports. The discussion also covers the impact of global trade, particularly with China, and the currency market, with a focus on the US dollar and its influence on the Australian dollar.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Chinese trade data for the Australian economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's outlook on the Australian dollar in relation to the US dollar and euro?

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