Weekly market update – week ending 17 July, 2015

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Investment markets and key developments over the past week Share markets have had a good week reflecting good news regarding Greece, better than expected Chinese economic data, the nuclear agreement... Read more continue reading

As stimulus curtails, fundamentals will re-emerge as key drivers of portfolio returns

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With US monetary policy turning, fundamentals such as productivity and earnings growth are poised to regain prominence as drivers of investment return – with some key indicators “flashing red,” according... Read more continue reading

Housing boom; Confidence slides; China rebound

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Consumer confidence; New car sales; Dwelling starts; Chinese economic data; Consumer sentiment: The Westpac/Melbourne Institute index of consumer confidence fell by 3.3 per cent in July to 92.2. The confidence... Read more continue reading

China’s share market volatilty

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Key points Just as the rise in Chinese shares had little economic impact it’s hard to see the pullback having a significant economic impact either. Chinese economic growth is likely... Read more continue reading

Lending eases from 7-year highs

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Lending finance; Credit & Debit cards; China trade Total new loans (personal, business, housing & lease) fell by 2.6 per cent in May after rising by 3.6 per cent lift... Read more continue reading

Global events no cause for investor panic

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While it is a nervous time for investors at the moment, there is no need to start panicking just yet because the global events playing out are unlikely to be... Read more continue reading

US Budget long-term outlook – an unsustainable imbalance

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The Congressional Budget Office estimates that the budget deficit for fiscal year 2015 will narrow further, extending to six consecutive years a trend of shrinking deficits. But the longer term... Read more continue reading

NSW drives the lift in job gains

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Labour force; Chinese inflation Jobs growth: Employment rose by 7,300 in June after rising by a revised 39,900 in May (previously estimated at a 42,100 rise in jobs). Full-time jobs rose... Read more continue reading

Greek referendum will cause short-term volatility but unlikely to have long-term global market impact

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In Sunday’s referendum, the Greek populace overwhelming voted to reject the terms of the programme for reform and fiscal adjustment put forward by the European Commission, European Central Bank (ECB)... Read more continue reading

Greece: Thinking the Unthinkable

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Sunday’s referendum has pushed Greece closer to euro-area exit. A Greek departure would plunge the region into uncharted waters, with unpredictable consequences. But policymakers have powerful tools to combat contagion... Read more continue reading