Risk assets strengthened for the most part in July and government bond yields fell amid patchy central bank rate cuts and reduced inflation concerns. The rallies flew in the face of heightened geopolitical tensions, signs of weak global economic growth and any caution...
Economic data released in July show soft global economic growth, some easing of tight labour markets but still patchy progress reducing inflation. After the first cuts in official interest by some central banks in June, few have been able to follow up with cuts in...
In two weeks, the RBA holds its August interest rate setting meeting and there is an active debate about whether the RBA will leave the cash rate unchanged at 4.35% or will hike 25bps to 4.60%. Our view is that the bar is set very high for the RBA to consider another...
