Weekly economic and market update – week ending 19 April, 2024

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Investment markets and key developments Global and Australian shares fell again over the last week as concerns about an escalation in the war in the Middle East after Iran fired... Read more continue reading

CommSec State of the States: April 2024

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Overall results How are Australia’s states and territories performing? Each quarter CommSec attempts to find out which state or territory is Australia’s economic leader. Now in its 15th year, the report... Read more continue reading

‘Steady’ rate cuts expected as opposed to ‘rapid’ cutting cycle in 2024

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Aviva Investors, the global asset manager of Aviva PLC (‘Aviva’), expects a steady process of rate cuts from the world’s major central banks this year as global growth remains stronger... Read more continue reading

Israel/Iran fears and rate cut uncertainty – shares are vulnerable to a bout of volatility but here’s five reasons why the trend will likely remain up

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Key points After strong gains, shares are vulnerable to a pull back or more volatile/constrained returns than seen so far this year. The key threats at present are Iran’s attack... Read more continue reading

Weekly economic and market update – week ending 12 April, 2024

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Investment markets and key developments Shares had another rough ride over the last week as higher than expected US inflation saw expectations for Fed rate cuts further pushed out and... Read more continue reading

Groundhog day as core inflation in the US surprises on the upside again

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US CPI: Groundhog day as core inflation surprises on the upside again At the start of the year the bond market was anticipating something close to 175 basis points (bps)... Read more continue reading

Seven things you need to know about the Australian property market

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Key points The Australian housing market remains far more complicated than optimists and doomsters portray it to be. Australian housing is expensive and highly indebted; but it’s very diverse; mortgage... Read more continue reading

Australian interest rates to move in the fourth quarter once the impact of fiscal easing on growth is ascertained

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In its latest Central Bank Watch report, Franklin Templeton notes that the RBA turned less hawkish at its March 19 meeting but maintained that it is “not ruling anything in... Read more continue reading

The Fed and March US non-farm payrolls report and the ECB’s end to the tightening cycle

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  “Give me a one-handed economist. All my economists say “on the one hand…, but then on the other…”   Harry Truman (US President 1945-53) Where is the Fed coming into... Read more continue reading

Interest rate cuts in the US could boost the global REIT sector

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The global REIT sector could bounce this year when the US Federal Reserve begins reducing interest rates, with the relatively robust macroeconomic environment supporting the demand for property, according to... Read more continue reading