Indonesia
AUSTRALIAN "ETF" (PACIFIC CURRENCY COMPARISON)FIRST TRUST AUSTRALIA "ETF"
Comparison with (local and near) currencies
(with left scale details is % change)
on Indonesia and Philippines)
The specific currencies used in this study are all from “neighbors” and other islands in the Australian area.
AUDJPY: Japan
AUDHKD: Hong Kong
AUDNZD: New Zealand
AUDSGD: Singapore
AUDCNY: China
AUDPHP: Philippines
AUDIDR: Indonesia
Regarding local currency to the Australian it seems that New Zealand and Australia have kept very close relations finically over the past 10 years. The Australian Currency has been balanced in a unusually stable way with Indonesia and lost a little value with the Philippine Currency. The Australian Currency has weakened by about 25% against the Japanese Currency over the past 10 years even though the Japanese Currency is 100 to 1 or today about 65 to 1 (JPY to AUD). The Chinese Currency was given a ratio of 6 and today is about 4 for Chinese to Australian. However, Chinese Currency has been the most “stable” relative to AUD of all the other major regional currencies in terms of gradual expected changes. Australia has very little “quality forests” relative to China and many other parts of the Pacific Islands and is mostly desert even being contemptibly close to the equator and contemptibly close to so many rich wildlife and tropical nations and underwater “glaciers” like the great barrier reef. Australia maybe has not flooded its full diplomatic relations with the rest of Asia particularly with Singapore and Malaysia however most likely has close unrealized economic links with Indonesia with the relatively stable currency “relationship” of only +/- 10% while seeing a general devaluation against all the other currencies. By working as a “partner” rather than a competitor Australia can help everyone stabilize culturally however, having different “unconnected” indigenous populations may help too create new and different worlds of commerce. The main currencies to watch is actually Japan relative to Australian and also Indonesian and Philippines. The graphs get very complex if you add in Vietnam and Thailand and also Laos and Cambodia however, Vietnam is very important too because of its “extreme low value” and how this helps keep things stable in the mainland and creates a currency bubble for future new currencies.
What I liked best was that the ETF’s focus was on utilities and basic materials and not consumer products. It maybe has a slightly higher consumer services than I would like but it is interesting to see the details of the components of FAUS ETF.
Basic Materials 21.11%
CONSUMER_CYCLICAL 7.57%
Financial Services 9.43%
Real Estate 16.69%
Healthcare 5.77%
Utilities 4.31%
Communication Services 3.64%
Energy 21.25%
Industrials 10.22%
Technology 0.00%
They maybe could invest more into Australian Healthcare, Communications, and Industrials and a little less in Financial Services and possibly into new areas like Import/Export and Shipping because its so important in the ocean.
Over the years there has been many fluctuations between 26 and 36 or about 20% year to year (around the sun) and the P/E ratio seems to be a little high a major revaluation of all the companies globally is and was needed.
Hope this helps! :)
IHSG HARI INI HIJAU, EH' BENTAR, GIMANA KALO BESOK ?Overview IHSG hari ini dan besok, kalo bisa tembus di level resisten tersebut, aman.
Tapi kalo mantul ke bawah ?
Kuy lanjutin ke bawah lagi tuh bro sist! hahaha
Mau tau detailnya ?
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