QBE 0.67% $16.47 qbe insurance group limited

Weakness may be partly due to impending rate rise. If we get...

  1. 238 Posts.
    Weakness may be partly due to impending rate rise. If we get 0.5% up goes the AUD$ which is a negative for QBE. It might rally this arvo on a 0.25% increase and would no doubt get excited of no change. Just a reason for the shorters anyway, among others. I recall a year ago it was $28 when the aussie was weakest. More sentiment than fundamentals
 
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