CommSec Research. Best annual employment conditions on record

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Business survey; Consumer confidence Business confidence: The NAB business confidence index rose from 20-month lows of +5.6 points in June to +6.6 points in July. The long-term average is +6.0 points. Business conditions: The NAB business conditions index eased from a downwardly-revised +14.1 points (previously +15.0 points) in June to +12.4 points in July. The long-term average […]

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Recession watch – is a recession “imminent”?

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Dave Lafferty, Chief Market Strategist at Natixis Investment Managers examines why a “recession is imminent”… A Recession is Coming Economic forecasting is a tough business, not to mention incredibly imprecise. However, we can say with nearly 100% certainty that a US (and/or global) recession is coming – at some point. For investors, of course, the […]

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Weekly market update – week ending 10 August, 2018

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Investment markets and key developments over the past week Share markets mostly rose over the last week as economic and profit news was mostly favourable and there was nothing really new on the trade war front. Bond yields generally fell slightly but there wasn’t a lot in it. Commodity prices were mixed with oil down, […]

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National property listings slide in July – asking house prices dip in some cities

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Figures released yesterday by SQM Research reveal national residential listings dropped 5.2% in July 2018 to 314,229, with drops in all capital cities after only four weekends falling during the month. Some sellers vacated the market, escaping the cold for warmer locations during the school holidays. Property listings fell by 6.9% in Sydney, though they […]

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It’s time to drop the FAANG label

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In the wake of Facebook’s plummeting share price, there has been much talk of the so-called FAANG shares and their earnings performance. But investors should not be misled by the market’s bucket mentality, which has a tendency to group together certain stocks, often for superficial reasons. The recent round of earnings announcements shows that the […]

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Insight Investment’s global economic outlook for the week ahead (week starting 6 August 2018)

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Outlook : US re-imposes tariffs on Iran and Chinese trade data in be in focus, along with US CPI Trade tensions and tariffs should remain in focus next week and the first phase of the restoration of US economic sanctions on Iran are scheduled to kick in. Keeping with the trade theme, on Wednesday we […]

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Petrol price plunge; Job ads near 7-year high

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Weekly petrol prices; Job advertisements Unleaded petrol: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol fell by 4.6 cents to 142.1 cents a litre in the past week – the fifth decline in the past six weeks – and the biggest weekly fall in two years. Job advertisements: ANZ job […]

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Weekly market update – week ending 3 August, 2018

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Investment markets and key developments over the past week While US shares rose over the last week helped by strong earnings results and a bounce back in tech stocks, European, Japanese, Chinese and Australian shares fell as trade war fears continue to escalate. Despite this bond yields rose. Commodity prices were mixed with oil and […]

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Trade surplus soars; US trade near record lows

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International trade Trade surplus: The trade surplus rose from $725 million in May (previously $827 million) to $1,873 million in June. It was the 11th surplus in 13 months. Net exports: Net exports (exports less imports) is expected to add 0.1 percentage point to economic growth in the June quarter. Trade with the US: US exports and imports […]

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Insight Investment’s global economic outlook for the week ahead (starting 30 July 2018 )

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Central bank meetings, US employment report and global inflation data mark a busy week It is a busy week for both data and central banks next week, with the BoJ, Federal Reserve (Fed) and Bank of England (BoE) all meeting. The BoJ meeting on Tuesday will warrant greater attention than has been the case for […]

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