Signs of a bounce up in economic activity from the depths of the Covid-19 recession proliferated in September in most countries and regions. Stronger economic readings and surveys for August and September occurred despite rising Covid-19 infection rates in many...
On the 14th of April we provided an update on the banking sector following the down grade by Fitch Ratings of the four major banks and the introduction of the RBA’s Term Funding Facility (TFF). The intent of the TFF was to achieve two objectives: to reinforce the...
Last week we wrote about signs of economic resilience in Q3 with surprisingly strong increases in retail sales and housing activity in July at the start of Q3. Then came the biggest upside surprise so far, the August labour force report, showing a 111,000 rise in...
