by Josh Wingrove | Jun 25, 2018 | Economic update, Monday Market Madness
Trade policy was the lowlight of the week with rising trade tensions between the US and China culminating in a tit-for-tat saga. The first was a 25% tariff levied against $50bn worth of Chinese imports with China responding the following day with the targeting of...by Josh Wingrove | Jun 18, 2018 | Economic update, Monday Market Madness
The Federal Reserve increased interest rates to the 1.75% – 2% range last week and importantly, guided to an additional rate increase this year in the economic projections provided by the Fed Committee. Those same projections also anticipated an additional rate...by Josh Wingrove | Jun 4, 2018 | Economic update, Monday Market Madness
Business capital spending was a notable data point last week with a fall in building and structures investment (down 1.3%) offset by a rise in equipment investment (up 2.5%) to see new capital spending rise 0.4% over the March quarter. This fell short of market...by Josh Wingrove | May 28, 2018 | Economic update, Monday Market Madness
A quiet week for the Australian economy with limited economic releases ahead of this week’s national building approvals and private sector capital spending figures. Construction work value figures were released that highlighted some weakness in the quarter for...by Josh Wingrove | May 21, 2018 | Economic update, Monday Market Madness
Australian wage inflation was released last Wednesday with overall wage growth of 0.5% for the March quarter disappointing market expectations. Annual wage inflation remained flat at 2.1% for the year (Dec-17: 2.1%) This came against a backdrop of a looser labour...by Josh Wingrove | May 14, 2018 | Economic update, Monday Market Madness
The Australian Budget was released last week with more stimulatory measures and less of the punitive policies that marked the tenure of Prime Minister Abbott. Very much in the mould of an “election Budget” with notable winners including consumers with personal income...