Hello!
am new to Australian stocks.
Have been trading and investing in other markets for a long time, primarily US and Singaporean stocks.
Just curious about a couple of things.
What industries and more importantly, what stocks are likely to benefit / have been benefitting from
(i) Weakening demand (and consequently price) for commodities --> Manufacturing firms in Australia?
(ii) Weakening AUD
So basically, what firms have their production costs lowered (because of falling commodity prices) and are making higher profits by exports (by earning in foreign currencies, e.g. USD)?
tyvm
am new to Australian stocks.
Have been trading and investing in other markets for a long time, primarily US and Singaporean stocks.
Just curious about a couple of things.
What industries and more importantly, what stocks are likely to benefit / have been benefitting from
(i) Weakening demand (and consequently price) for commodities --> Manufacturing firms in Australia?
(ii) Weakening AUD
So basically, what firms have their production costs lowered (because of falling commodity prices) and are making higher profits by exports (by earning in foreign currencies, e.g. USD)?
tyvm
