Australia is commodity-based economy with China being its largest export market. Hence one of the factors that investors in Australian equities need to consider in their analysis is the impact of commodity prices due to the decreased demand from China and other global economies in general.
Australia’s Top 5 Exports in 2012-13:
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Australia’s Top 5 Export Markets in 2012-13:
Source:Australian Equities: Reasons to be Bullish in 2014?, Jan 2014, Franklin Templeton Investments
- iShares MSCI Australia (EWA)
The complete list of Australian ADRs trading on the US markets can be found here.
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