Australian Treasurer Frydenberg: Will outline the impact of the coronavirus outbreak on the economy on May 12
|Australian Treasurer Josh Frydenberg recently crossed wired while staying to present a statement in the Parliament on May 12. The diplomat also signaled to update economic and fiscal outlook in June.
Key quotes
Will make a statement to parliament on May 12.
To outline the impact of the coronavirus outbreak on the economy.
To then provide an update on the economic and fiscal outlook in June.
FX implications
Amid the currently risk-positive market sentiment, coupled with the early in the Asian session, the AUD/USD paid a little heed to the news while taking rounds to 0.6460.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.