Queensland Investment Corporation (QIC) is a Government owned investment company

Comments from Susan Buckley, managing director of global liquid strategies at the firm

On the AUD … "Our fair value is sort of in the low 70s on a long term fundamental basis"

  • Citing cash rate, bond yields to widen further from the U.S.
  • further weakness in the yuan could flow through to the AUD
  • Beijing would not want the yuan to be seen "as a weapon" in this trade conflict

Speaking with Bloomberg TV - link here for a quick video