AUD Weakness Could Sweeten Offer

摘要

Our Country Risk team’s expectations of forthcoming weakness in nthe Australian dollar could result in a lower valuation for Foster’s nand boost SABMiller’s buying position. Economic fundamentals nin Australia such as property market weakness and a commodity ndemand slowdown are ill-equipped for strong currencies, and our nCountry Risk team is expecting further depreciatory pressures on nthe currency in the near term.