Declining commodity prices and an elevated AUD weigh on exports

From

Trade Balance – May 2014 The May trade figures showed a large deficit of $1.9bn Declining commodity prices and an elevated AUD over the month weighed on export receipts. Exports of goods and services were down by 4.6% over the month, driven by falls in iron ore and coal. Imports fell by 0.6% due to […]

continue reading

Weaker Yen: no cure for Japan’s ills

From

Standard Life Investments, the global investment manager, believes the underwhelming response of Japanese exports to the plunge in the yen should serve as a warning sign to Japanese policymakers that more reforms are needed, both at government and corporate levels. The latest edition of Global Perspective examines why the recent sizeable depreciation of the yen […]

continue reading

Exports to China hit a record high as trade deficit widens in October

From

International Trade – October 2013 The October trade balance was a deficit of $529m – an increase of $258m on the deficit in September. Exports declined by a very small 0.1% over the month and imports lifted by 0.8% to near record highs. Australia ran a goods surplus of $427m over the month and a […]

continue reading

Investor Signposts: Week Beginning July 3 2011

From

Upcoming economic and financial market events The big picture Our central view is that the US economy is undergoing a mid-cycle pause and that growth will start to lift again late in 2011. As such, we believe that the Federal Reserve won’t provide additional monetary stimulus and will in fact start to withdraw the stimulus […]

continue reading

CommSec: Patchwork economy in reverse; manufacturing shrinks

From

National accounts The Australian economy fell by 1.2 per cent in the March quarter. And while the downturn can be largely explained by the disruption to coal exports caused by Cyclone Yasi, it only takes a small fall in output in the June quarter to produce a “technical recession.” In short, there are no grounds […]

continue reading

CommSec Investor Signposts: Week Beginning May 22 2011

Upcoming economic and financial market events   The big picture Is the petrol price high? It depends on your stand-point, especially given the fact that prices are quite volatile, making it harder to make comparisons over time. But it is worthwhile looking at the experience over the past three years as the pump price at […]

continue reading

Triple digit oil prices are here to stay – energy sector to benefit

From

Aii Energy ETF includes all key energy stocks listed on ASX; saves investors time and energy trying to pick winners Provides investors with the ability to take a macro approach to investing by taking a view on the energy sector and benefiting from the sector bias x Australian-owned sector ETF provider, Australian Index Investments (Aii), […]

continue reading

Limited long-term impact on global markets from earthquake

From

While the recent events in Japan will have a short-term impact on the global economy, history suggests that in the long term, markets will not be majorly affected, according to Mr Chad Padowitz, chief investment officer at international equities manager Wingate Asset Management. “We believe the consequences of the temporary deceleration in Japan, as it […]

continue reading

Lloyds International: A global perspective on the local economy

From

Lloyds chief economist on inflation, interest rates and the outlook for the Australian economy x The Australian economy will continue to grow rapidly in 2011 buoyed by the continuing resources boom but is expected to slow in the second half of 2012 as monetary policy is tightened, according to Lloyds TSB Corporate Markets chief economist […]

continue reading

Trade account back in the red

From

Trade: New Vehicle Sales Australia has recorded its first trade deficit in 11 months. The trade balance eroded from a surplus of $1,433 million in January to a deficit of $205 million in February. The impact of the natural disasters was the key driver behind the weaker than anticipated result. Exports fell by 2.4 per […]

continue reading