Weekly economic and market update

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The news on the European debt crisis was mostly positive with the ECB providing another €529.5bn in cheap 3 year funding to banks. After allowing for rollovers of existing borrowing... Read more continue reading

Weekly economic & market update

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The past week globally was dominated by the ongoing soap opera regarding whether Greece would agree to the terms required by the troika of the IMF, EU and ECB for... Read more continue reading

Lunar holiday distorts inflation landscape

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Chinese New Year boosts Inflation. China’s annual inflation rate rose from 4.1 per cent to 4.5 per cent in January – above expectations. Over the month inflation rose by 1.5... Read more continue reading

RBA focus to shift rates to ‘normal’

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Downside risks to global economy prompted Reserve Bank to cut interest rates: Minutes of the last Reserve Bank Board meeting confirm that policymakers were concerned about the strength of the... Read more continue reading

CommSec: Downbeat RBA slashes growth forecasts

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The RBA has warned that risks are weighted to the downside. Annual GDP growth forecasts in June 2012 have been cut from 4.5 per cent to 4.0 per cent. Underlying... Read more continue reading

Preference for bank deposits hit 37-year high

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Aussie consumers wholeheartedly believe that the best place to put your money is in the bank. The latest consumer confidence report shows that 37.8 per cent of consumer’s believe bank... Read more continue reading

China: Inflaton dragon tamed?

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The latest inflation data out of China has certainly been encouraging. Inflation has topped out and is now tracking lower. And more importantly inflation has the potential to moderate even... Read more continue reading

CommSec Research: most stable interest rate period for five years

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The Reserve Bank Board has left the cash rate at 4.75 per cent for the 10th straight month (covering nine formal meetings) – the most stable period for rates in... Read more continue reading

Inflation surprise: rates now in focus

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The main measure of inflation in Australia – the Consumer Price Index (CPI) rose by 0.9 per cent in the June quarter, above economist expectations focussed on an increase of... Read more continue reading

RBA mulls over multi-speed economy

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The latest Reserve Bank minutes revealed that Board members remain generally optimistic about the medium term outlook, but in the near term the domestic economy seems to be facing some... Read more continue reading