В Standard&Poor's подтвердили наивысший уровень «ААА» долгосрочного суверенного кредитного рейтинга Австралии, краткосрочный рейтинг закрепился на уровне "А1+", прогноз по обеим рейтингам - стабильный.
Standard&Poor's has confirmed Australia’s “AAA” long-term credit rating. The short-term rating is "А1+". The forecasts for both the ratings are stable.
The experts are sure that the consolidation of Australia’s budget will continue, which means Australia will manage to resist all the crisis phenomena seen around the globe. The country’s public debt is expected to be reduced next year.
The experts support the Australian government’s flexible monetary and fiscal policies, which contribute to the stabilization of the country’s economy on the whole and financial sector in particular.
However, they express concerns over Australia’s export dependence and substantial debts of Australian households. These factors affect Australian’s economic prospects.
Despite these negative factors, the overall picture is positive.
They say Australia will see the same budged deficit (2.5%) in 2012 and will return to as a surplus in 2015. The public debt is expected to reach 23.4% of GDP in 2012 and to shrink down to 23% in 2013.
Forex.
According to , the Australian Dollar keeps weakening against the US Dollar. The experts report that AUDUSD is forming a downswing represented by wave B(C ). The price has finished forming sub-wave а(С)/С.
A further downswing (below 1.0367) will give way to 1.0360, 1.0347/29, 1.0287/69. The current bearish move will be completed as soon as the price overcomes the top of the MF sloping channel and consolidates above 1.0496. (as shown below).
