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

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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,

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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.

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Weekly economic & market update

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The correction in global share markets that got underway in mid-September has resumed over the last week. This has been fuelled by the failure of the US share market to break

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Weekly market & economic update

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Uncertainty continues regarding Spain and Greece. Spain is resisting applying for assistance for several reasons, including national pride, upcoming regional elections and the fact that 2 year borrowing costs remain

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Lending disappoints

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Private sector credit (lending) rose by 0.2 per cent in August after rising by a similar amount in July – and matching the weakest monthly growth in seven months. Annual

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Oliver’s Insights – Q&A on QE3

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This edition of Oliver’s Insight looks at the latest round of quantitative easing announced last week in the US. The key points are as follows: Open ended quantitative easing (QE3) in

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Weekly market & economic update – risk on!

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The past week has been another good one for investors as various key events that investors had been worrying about have continued to pass with positive outcomes. The big news

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Biggest fall in credit card debt in 18 years

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The average credit card balance fell by $69 (2.0 per cent) to $3,299.10 in July. It was the biggest fall in credit card debt for a July month on record

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Preference for bank deposits hits 38-year high

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The Westpac/Melbourne Institute index of consumer confidence rose by 1.6 per cent in September to a reading of 98.2. Sentiment levels are up 1.3 per cent on a year ago.

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