Aussie PM Might be Challenged Again
If you recall, I posted a couple of days ago about the challenge Australian PM Malcolm Turnbull was facing within his own party.
Rowan Crosby•Wednesday, August 22, 2018•1 min read
If you recall, I posted a couple of days ago about the challenge Australian PM Malcolm Turnbull was facing within his own party.
Fellow Liberal, Peter Dutton, unsuccessfully challenged the current PM for the role of leader of the party. If he won that would make him the PM of Australia.
The bid failed, however, we have woken to the news that Dutton is looking to mount a second challenge.
Watch this space.
The AUD/USD is still hovering around 0.7350, but we might be in for a move if we get a change of leadership. That is a big if based on the last failed run by Dutton.
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Rowan Crosby
Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
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