Market insights

In July inflation cooled while major economies such as the US seemed less likely to experience recession and labour markets remained tight. Central banks remained cautious about recent reductions in annual inflation with some continuing to hike official interest...

The June monthly CPI and the Q2 CPI out this week will influence whether the RBA pauses again or hikes at the next policy meeting on 1st August. Outcomes around the consensus forecasts of 5.5% y-o-y for the June CPI and 6.2% y-o-y for the Q2 CPI while showing that...

The Treasurer’s decision to not extend RBA Governor Philip Lowe’s tenure beyond its mid-September end-date and to appoint Governor the current Deputy Governor, Michelle Bullock, is likely to make no difference to how much further the cash rate will rise in Australia....

Risk assets had a strong month in June undeterred by rising official interest rates and higher government bond yields. Economic data releases in the US during the month show an economy still a long way from recession fostering hope that even if interest rates have a...

In June central banks confirmed that they remain determined to get high and sticky inflation down to their targets even as growth weakens, and some economies enter recession. While the US Federal Reserve paused at its June policy meeting it indicated that two more...