Weekly economic and market update

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The past week saw risk assets return to favour on the back confidence that the US fiscal cliff will be resolved. This results from a meeting between President Obama and Congressional leaders at... Read more continue reading

Aussie dollar lifts in response to Chinese data

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There were further signs of recovery of the Chinese economy with the HSBC “flash” purchasing managers index rising from 49.5 to a 13-month high of 50.4 in November. The Aussie... Read more continue reading

RBA considers further rate cuts

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The latest Reserve Bank Board minutes suggests that the decision to leave interest rates on hold in November was finely balanced as higher inflation offset a slowing domestic economy. The... Read more continue reading

Weekly economic and market update

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The past week has seen investment markets remain in “risk off” mode as the “wall of worry” remained in sharp focus. The main concerns have been the US fiscal cliff,... Read more continue reading

Growth in China looks to be bottoming

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The attached edition of Oliver’s Insights looks at prospects for the Chinese economy. The key points are as follows: After surprising on the downside into mid year, recent Chinese economic indicators suggest... Read more continue reading

Have interest rates bottomed?

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The Reserve Bank has retired to the interest rate sidelines to assess the impact of the three rate cuts over 2012: “there are signs that easier conditions have been having... Read more continue reading

Chinese dragon stirs again

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Chinese economic data is looking up. Retail sales in October were up 14.5 per cent on a year ago (consensus 14.0 per cent); industrial production was up 9.6 per cent... Read more continue reading

Weekly market and economic update

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President Obama’s win in the US Presidential election, with Democrats retaining the Senate and the Republicans retaining the House means more of the same in terms of divided US government.... Read more continue reading

Outcome of the US election and US equities

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President Obama has emerged victorious from one of the most polarised presidential campaigns of recent years. But despite the electoral rhetoric, Obama knows that his scope for manoeuvre in the... Read more continue reading

Obama wins – likely economic outcomes

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President Obama’s win in the US Presidential election, with Democrats likely retaining the Senate and the Republicans retaining the House means more of the same in terms of divided government.... Read more continue reading