US rate rise is ‘fraught with risk’ for investors in illiquid markets

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While the prospect of an increase in US interest rates is good news from a fundamental point of view the rate rise, when it happens, could prove to be a... Read more continue reading

Markets await Fed response this week

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Investors and business might have got the Prime Minister they wanted in Malcolm Turnbull, but external factors dominated the market yesterday with uncertainty about the US Federal Reserve’s decision on... Read more continue reading

Asian frontier economies face refinancing risks

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Asian frontier-market economies need to refinance a significant amount of external liabilities over the coming year. Their sovereign fundamentals are not too concerning, but the timing isn’t ideal, given the... Read more continue reading

Chinese retail sales: fastest growth in 8 months

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Chinese economic data Chinese retail sales rose by 10.8 per cent annual rate in year to August. The result was above forecasts (+10.5 per cent) and above the 10.5 per... Read more continue reading

Weekly market update – week ending 11 September, 2015

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Investment markets and key developments over the past week Share markets have had another volatile week as worries about China and the Fed linger, but most markets saw gains. While... Read more continue reading

Out of service: What’s behind the sector slowdown?

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The scale of the slowdown in the nominal growth rate for the service sector is as baffling as it is surprising. It raises the prospect of either a major mismeasurement... Read more continue reading

Lending consolidates

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Lending finance Lending: Total new loans (personal, business, housing & lease) fell by 0.1 per cent in July to $74.1 billion after a 1.3 per cent rise in June. New... Read more continue reading

How serious is the threat from the emering world?

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Key points The relative weakness in emerging market growth, shares and currencies has been developing for several years, looks partly structural & likely has further to run. While it makes... Read more continue reading

Weekly market update – week ending 3 September, 2015

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Investment markets and key developments over the past week While shares managed to remain above recent lows they had a volatile week with most markets falling back over the week... Read more continue reading

Household incomes lift; Chinese tourists in vogue

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Tourism data; Household wealth and income distribution The latest comprehensive analysis of income and wealth levels provides a different perspective on wealth and home ownership. Inequality across Australian households has... Read more continue reading