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Financial Stability Review
APR. 9th 2020
Alright Star Traders, this is the big one, the big Financial Stability Review that we've been waiting for.

There's a big announcement from the RBA and this is from my home town, here in Australia. At the bottom of this post, I will be providing the PDF from the Reserve Bank of Australia and within the PDF, there is all the information regarding the happenings from the RBA and it's worth a quick read.

The COVID-19 pandemic that is happening all around the world right now, is no doubt causing significant strains in the global financial system. With this have we seen only moderate growth, low inflation and low financial market volatility.

Let's address this, that prior to the pandemic, the prices of a broad range of risky assets were, had been, at high levels, underpinned by low risk-free interest rates and low risk premiums that presumed very little possibility of adverse outcomes.

The outbreak of the virus, which was not even a feature in the outlook at the start of the year, has changed this. The exceptional measures taken to contain COVID-19 are  having a major effect on economic activity and the global financial system.

The high level of uncertainty surrounding the size and duration of the economic downturn is accentuated by the uncertainty around the effectiveness of the various measures in containing the spread of the virus.

I have provided a link to further information leading on from what's been said and to how the central banks around the world have responded to the developments by rapidly easing monetary policy and implementing a range of policies designed to support the functioning of the financial system.

Again, this is worth a read and if not that, at least a glance at.

To read the Financial Stability from the RBA, click on the link ->   Financial Stability Review

About Author: Phil C.

From the heart of Australia - QLD - Brisbane City. Updating Star Traders on the latest news and going on's around the world. Keeping it positive and sharing the awareness that may be important to readers. Don't let fear control you, let it build you and move forward to the future that you envision for yourself to live in, a life worth living and one that you deserve to live in.
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Welcome to Star Prosper. I'm Phil C from Brisbane City. Before I became a full time trader, I was a professional affiliate marketer generating 5 figures a week. I worked with networks and won competitions. Then one day I woke up to an e-mail and this was known as the google slap. This took out many people literally overnight.

I needed to find something else and I always had a hidden passion for the markets. Really lucky to find the correct people early in my journey and I've spent 10s of thousands investing in myself, getting trained the right way and put in hours upon hours of work. I was able to pick it up fairly quickly, it's not because I'm special, but there's a certain technique used to learning anything very quickly and bringing forward my previous success qualities to trading.

Add another passion and now I'm able to expand and be involved with helping others achieve what they want to achieve, in life and in trading. To fulfill my purpose of becoming a leader, which means service to many and service to many, leads to greatness.

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