The Trader 

Market Outlook: All change down under

The Trader

With a parliamentary majority of just one, Liberal party leader Malcolm Turnbull today became the fourth consecutive Prime Minister to be removed from office.  In fact, it’s been about a decade since any one of them managed to last their 3-year mandate.  Treasurer Scott Morrison will take his place.  The Australian dollar this morning was off 1.8 per cent from this week’s high against its US counterpart.

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