Will the German elections change the political landscape?

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German elections – a change in the political landscape? “Angela Merkel’s steadfast grip over Germany could be loosening. In September, Germany holds its general elections. But, unlike last week’s Dutch elections where the populist Freedom Party (PVV) provided mainstream parties a run for their money by placing second, in Germany it isn’t the Populist Party […]

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Weekly market update – week ending 17 March, 2017

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Investment markets and key developments over the past week Global shares got a boost over the last week from a dovish rate hike from the Fed and relief that the Dutch election saw a rejection of far right Eurosceptics. Reflecting the positive global lead resources shares helped drive the Australian share market higher. Japanese shares […]

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March Federal Open Market Committee meeting reaction

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As anticipated, the U.S. Federal Reserve (Fed) raised the target range for the fed funds rate by 25 basis points today. The range is now from0.75% to 1.0%. The Fed’s policy statement and Chair Yellen’s press conference emphasised that the economy is headed around their anticipated pace, and we can likely expect two more rate […]

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How low can you go?

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One of the few bright spots in the global economy over recent years has been a relatively broad-based improvement in labour markets. Between the end of 2014 and 2016 unemployment rates fell in 31 of the 39 advanced economies in the IMF economic outlook database. Signs of an ongoing acceleration in global growth bode well […]

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ATM use hits 15-year low; Petrol prices ease

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Petrol price; Credit & debit card data Petrol: The national average wholesale (terminal gate) unleaded petrol price stands at 114.7 cents a litre, down by 1.0 cent a litre over the week. The wholesale price has fallen 4.6 cents a litre from recent highs. ATM use slides: The number of ATM withdrawals in January was […]

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Weekly market update – week ending 10 March, 2017

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Investment markets and key developments over the past week The past week saw rising bond yields and a rising $US in anticipation of the Fed raising interest rates in the week ahead and this weighed on commodity prices and yield sensitive shares. While US shares fell slightly, European, Japanese, Chinese and Australian shares managed to […]

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Dividends start flowing: $22 billion to be paid out

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Economic and Financial market perspectives Cash payouts: This week, dividends started flowing from those companies that reported early in the recent earnings (profit-reporting) season. Conservatively around $22 billion (or around 1.3 per cent of GDP) will be paid out by companies over the next few months. Dividends in vogue: The majority of companies reporting half-year […]

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Winning momentum

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The global economy is on a ‘hot streak’, with a string of positive data surprises feeding expectations for further strengthening. But is momentum really as strong as it first appears? When we break down PMIs by region, it is clear that despite nine months of consecutive gains in the advanced economies – a time in […]

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Fluky winds for Aussie consumers

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Consumer Sentiment; Construction gauge Consumer confidence: The weekly ANZ/Roy Morgan consumer confidence rating fell by 4.4 per cent in the past week from six-week highs. Construction gauge: The Performance of Construction index rose by 5.4 points to 53.1 in February. What does it all mean? To say that consumer confidence is somewhat fluky at present […]

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Weekly market update – week ending 3 March, 2017

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Investment markets and key developments over the past week The past week saw US, European and Japanese shares rise helped by strong US forward looking data, signs that the Fed is increasingly confident in the US outlook and confidence that President Trump is in on track with his pro-business agenda. By contrast Australian and Chinese […]

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