by Josh Wingrove | Mar 26, 2018 | Economic update, Monday Market Madness
Australia labour force data showed employment grew by 17,500 below market forecasts (consensus 20k) while the unemployment rate rose slightly to 5.6% (consensus: 5.5 per cent). The growth split of full-time to part-time workers continued this month with 64,900...by Josh Wingrove | Mar 19, 2018 | Economic update, Monday Market Madness
The divergence between leading economic indicators and other economic data continued with the latest NAB monthly business survey reporting another record high since it first began in 1997. This stands in contrast to tepid economic and wage growth for the average...by Josh Wingrove | Mar 12, 2018 | Australian Stock Market, Economic update, Investing, Monday Market Madness
Last week the Reserve Bank left the cash rate at 1.50% unchanged since August 2016. In the Board minutes, weak consumer inflation and wage inflation were cited as ongoing concerns as inflation continues to track below the Bank’s core target of 2%-3%. Some market...by Josh Wingrove | Mar 5, 2018 | Economic update, Monday Market Madness
Notable releases last week included the Dec-17 figures for private sector capital spending and private sector lending figures. The market consensus forecast of 1% growth was disappointed with capital spending declining 0.2% in the December quarter as the upswing in...by Josh Wingrove | Feb 26, 2018 | Economic update, Monday Market Madness
The Australian stock market continued its upward trajectory following a 1.3% gain last week and a very volatile past couple of weeks as US markets come to grips with potentially higher inflation and higher rates quicker than previously expected. The benchmark...by Josh Wingrove | Feb 19, 2018 | Economic update, Investments, Monday Market Madness
The Australian stock market recovered last week from a very volatile past couple of weeks as US markets come to grips with potentially higher inflation and higher rates quicker than previously expected. The benchmark S&P/ASX 200 index gained 1.3% for the week...