Risk assets rallied mostly in September aided by the US Federal Reserve starting to cut interest rates and a policy pivot in China with the authorities announcing stimulus measures aimed mostly at China’s beleaguered share and residential property market. The US...
Economic data released in September again show soft global economic growth and slow progress reducing inflation. Several central banks reduced official interest rates, including the US Federal Reserve for the first time this cycle and by 50bps taking the Funds rate...
The latest labour force report for August shows employment up more strongly than widely expected. Total employment is up 47,800 in August after a revised 48,900 gain in July. Over the year ending August employment is up 374,700, or 2.7% y-o-y, a remarkable increase...
