Review of 2019, outlook for 2020 – the beat goes on

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Key points 2019 saw growth slow, recession fears increase and the US trade wars ramp up, but solid investment returns as monetary policy eased, bond yields fell and demand for unlisted assets remained strong. 2020 is likely to see global growth pick up with monetary policy remaining easy. Expect the RBA to cut the cash […]

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Shoppers wait for the sales; Record trade surplus

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International trade; Retail trade Retail trade: Retail trade was flat in October. The annual growth rate fell from 2.5 per cent to a 2-year low of 2.1 per cent. Foreign trade: The trade surplus fell from $6.85 billion in September (previously $7.18 billion) to $4.5 billion in October. Australia has recorded 22 successive monthly trade […]

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The Big Issues for 2020

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The big issues of 2020 For the past 18 years we have produced “The Big Issues” report – a report that has sought to highlight the issues that are expected to influence the economy and financial markets over the forthcoming 12 months. This is not a crystal ball gazing exercise. The aim is not just […]

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Insight Multi-Asset update – week beginning 2 November, 2019

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Market and economic review  With news flow on the signing of a ‘Phase One’ deal between the US and China sparse relative to prior weeks, instead we will mainly focus on this week’s data releases. With Thanksgiving on Thursday, the end of the week was rather quiet with the release of data from the US […]

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Weekly market update – week ending 29 November, 2019

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Investment markets and key developments over the past week Share markets rose over the last week helped by optimism regarding a US/China trade deal and mostly okay economic data with US shares reaching a new record high. Australian shares also broke out to a new record high helped by the positive global lead with strong […]

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Insight Multi-Asset update – week beginning 25 November, 2019

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Market and economic review With little data to focus on in the early part of last week, and following on from our recent updates, markets continued to be dominated by the ebb and flow of news on the trade war between the US and China. Towards the end of the week, preliminary PMIs were released, […]

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Record weekly lift in national petrol price

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Weekly petrol prices  Petrol prices: According to the Australian Institute of Petroleum, the national average price of unleaded petrol rose by a record 10.9 cents last week to a 4-week high of 153.0 cents a litre. But prices in east coast capital cities are now easing from cyclical highs. Movements in the petrol price can […]

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Weekly market update – week ending 22 November, 2019

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Investment markets and key developments over the past week Most share markets fell over the last week as uncertainty about whether the US and China will agree a Phase One trade deal ramped up amidst a range of conflicting reports. This comes at a time when markets are vulnerable to a consolidation or correction after […]

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Global growth to grind lower amid the new age of uncertainty

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Continued friction from the US/China trade war, the ongoing Brexit saga and broad political uncertainty have translated to further muted expectations for global growth according to the latest research from Vanguard. Consistent with recent findings, Vanguard’s economic and market outlook for 2020 highlights the impact of increased uncertainty and stretched valuations on economic fundamentals and the investment […]

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Listed Infrastructure progresses in an uncertain environment and slowing global economy

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Listed infrastructure equities moved higher in October in what RARE Infrastructure and others continue to describe as a late-cycle environment. “Both our global listed infrastructure Value and Income Funds showed enhanced performance during October against a backdrop of positive equity markets,” said RARE Senior Portfolio Manager Shane Hurst. “Although the yield curve in the US has […]

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