Market insights

The latest labour force report for September is again very strong and means that any hope of a rate cut from the RBA before the New Year is gone. We also see the chances of a February 2025 rate cut fading fast and look towards May being the first opportunity for the...

The latest batch of Australian economic readings have been curiously strong going against the widely held view that high interest rates are pummeling the economy and heralding a firmer Q3 GDP report (materially higher than 0.2% q-o-q recorded in each of the previous...

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...