Reserve Bank defends inflation target

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Reserve Bank Governor speech Reserve Bank Governor speech: Governor Lowe delivered a speech titled “Inflation targeting and Economic Welfare.” Speeches from the Reserve Bank Governor can provide guidance on interest... Read more continue reading

The longest US economic expansion ever – does this mean recession is around the corner?

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Key points Where the US economy goes is critical to the outlook for shares, including for the Australian share market. While the yield curve is flashing warning signs and issues... Read more continue reading

Insight Multi-Asset weekly update: European Central Bank meeting on Thursday likely to be the biggest market focus

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Market and economic review Risk assets trade sideways on busy week for growth data and US earnings Global equities ended last week broadly flat despite a busy period for global... Read more continue reading

Rising petrol prices lift June quarter inflation

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Weekly petrol prices Petrol: According to the Australian Institute of Petroleum, the national average price of unleaded petrol rose by 1.8 cents in the past week to 142.8 cents a... Read more continue reading

Weekly market update – week ending 19 July, 2019

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Investment markets and key developments over the past week US, European and Japanese shares slipped over the last week as trade war uncertainty continued to weigh amidst some mixed US... Read more continue reading

Unemployment: The young and the restless

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Labour force Employment rose for the 11th straight month, up by just 500 jobs in June after a revised 45,300 increase in jobs in May (previously reported as a 42,300... Read more continue reading

Melbourne-Sydney passenger growth hits 6½-year low; Reserve Bank ready to act “if needed”

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Domestic air travel; Weekly consumer sentiment; Reserve Bank Board minutes People flying: There were 5.12 million passengers carried on Australian domestic commercial aviation (including charter operations) in May 2019, an... Read more continue reading

Biggest lift in Singapore gasoline prices in 3 years; Brisbane and Sydney petrol prices surge

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Weekly petrol prices Petrol: According to the Australian Institute of Petroleum, the national average price of unleaded petrol rose by 0.5 cents in the past week to 141.0 cents a... Read more continue reading

Record inbound migration; Record Aussies travelling overseas

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Overseas arrivals; Credit cards Tourism: Tourist arrivals rose by 6.3 per cent in May – the biggest monthly lift in international visitors since April 2017. And Aussie tourist departures lifted... Read more continue reading

Is the end in sight for the world slowdown?

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Interest rates: near a low in long-bond yields  “The eight-month plunge in 10-year U.S. treasury bond yields is likely over. Yields will slowly work higher into year-end. At some point, rising... Read more continue reading