Weekly market update – week ending 21 July, 2017

From

Investment markets and key developments over the past week Share markets were mixed over the last week with gains in the US helped by good earnings news, Europe and China... Read more continue reading

Record number take to the air

From

Air Travel; Reserve Bank speech Domestic air travel. In the year to May a record 59.17 million passengers flew on domestic air routes, up 1.6 per cent on a year... Read more continue reading

Firm growth in spending across the nation

From

Commonwealth Bank Business Sales Index Economy-wide spending posted firm growth in June according to the Commonwealth Bank Business Sales Indicator (BSI). In trend terms the BSI lifted by 0.7 per... Read more continue reading

It’s Official – The New Neutral Arrives Down Under

From

It was way back in May 2013 when PIMCO first uttered the phrase “The New Neutral” in relation to Australia’s cash rate. At that time, we estimated the “New Neutral”... Read more continue reading

Chinese economic data beat forecasts

From

Chinese economic data; Petrol prices Chinese economic data: The Chinese economy grew at a 6.9 per cent annual pace in the June quarter, above forecasts (+6.8 per cent). The economy... Read more continue reading

Global snapshot – July 2017

From

The Janus Henderson Global Snapshot explores the themes and trends to watch across key global markets. Market drivers Australia: Off to a soggy start Poor weather was a factor behind GDP... Read more continue reading

An update on how the Australian economy looks on a per capita basis

From

Strong population growth continues to boost Australia’s aggregate growth rates which paint a more positive picture on the economy than what most households are experiencing. Per capita measures on the... Read more continue reading

Australia’s long-term outlook is less rosy: PIMCO

From

After 25 years of steady economic growth, Australia is on the verge of wresting bragging rights from the Netherlands for the longest period on record without a recession. While this... Read more continue reading

Best business conditions in almost a decade

From

Housing Finance; NAB Business survey; Consumer Sentiment Business survey: The NAB business conditions index rose from +10.9 points to a 9½-year high of +15.1 points in June. The business confidence... Read more continue reading

Petrol near 9-month lows; Tame China inflation

From

Petrol prices; China inflation data Petrol: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol rose by 0.1 cents to 120.1 cents a litre... Read more continue reading