Market insights

All going well most major OECD economies, including Australia, should experience easing labour market conditions in 2024 helping to push down inflation and to pave the way for central banks to start cutting official interest rates. Some countries will experience...

Australia’s real GDP growth rate is slowing and real GDP per capita is already in technical recession with back-to-back quarterly falls in Q2 and Q3 2023 according to the Q3 GDP release last week. Data relating to household disposable income contained in the same...

Risk assets mostly rallied and sharply in November based on views that the US economy may experience a soft landing and that the US Federal Reserve and other major central banks may have finished hiking interest and could start to reduce interest rates before long....

Economic releases in November show signs of moderating economic activity in the US and Europe as well as lower inflation. Central bankers continue to warn that their task of returning inflation to their targets will still take time and will require a lengthy period of...

We wrote last week that the RBA will hike rates again, most likely in February rather than at their next meeting in December. A December rate hike is back in play, however, after reports last week of a still very tight labour market in October and annual wage growth...