© Reuters. Two women walk next to the Reserve Bank of Australia headquarters in central SydneySYDNEY (Reuters) – Current asset valuations are justified only if interest rates and bond prices stay low, Reserve Bank of Australia Assistant Governor Luci Ellis said on Friday.
When asked if there is an asset bubble forming, Ellis said she did not know.
Ellis was speaking at an infrastructure industry event in Sydney.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Source: Investing.com
