Consumer confidence hits 9-week high

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RBA Board meeting minutes; Consumer confidence; CBA Household spending intentions What happened? The Reserve Bank of Australia (RBA) Board released the minutes of its September 7 meeting. At the meeting,... Read more continue reading

Weekly economic and market update – week ending 17 September, 2021

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Investment markets Global shares were mixed over the last week with US and Japanese shares up, European shares flat and Chinese shares down. US shares were helped by stronger than... Read more continue reading

Biggest lift in consumer confidence in 22 weeks

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Consumer confidence; CBA card spending; Overseas arrivals & departures What happened? The weekly ANZ-Roy Morgan consumer confidence rating rose by 3.1 per cent – the most in 22 weeks –... Read more continue reading

Luxury vehicle sales lift; Petrol hits 20-month high.

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CommSec Luxury Vehicle index; Oil market update What happened? The CommSec index of luxury new vehicle sales rose to a 3-month high in August (and second highest in 33 months)... Read more continue reading

Weekly economic and market update – week ending 10 September, 2021

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Investment markets and key developments over the past week Global shares were mixed over the last week. US and European shares fell on concerns about the growth outlook and central... Read more continue reading

Energy sector lifts as investors weigh up Delta-Vax

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Oil market update; ANZ job ads; Monthly inflation gauge What happened? Last week, the Brent crude price fell by US9 cents or 0.1 per cent to US$72.61 a barrel while... Read more continue reading

Weekly economic and market update – week ending 3 September, 2021

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Investment markets and key developments over the past week Global share markets saw continuing gains over the past week helped by expectations that the Delta outbreak won’t lead to lockdowns... Read more continue reading

Positive surprise for June quarter GDP; however, no bearing on Tuesday’s RBA Meeting

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Yesterday’s GDP numbers for the June quarter confounded the expectations of economists in registering a reasonably healthy 0.7% increase for the quarter, largely on the back of strength in both private... Read more continue reading

Powell signals Fed to begin tapering this year; some commentators question Powell’s sanguine inflation view

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Powell signals Fed to begin tapering this year… In a much anticipated speech on Friday, Fed Chair Powell gave his strongest signal yet that the Fed will begin to taper... Read more continue reading

Weekly economic and market update – week ending 27 August, 2021

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Investment markets and key developments over the past week Global share markets rebounded over the last week with US shares making a new record high helped by signs that the... Read more continue reading