Monday Market Madness 7th May 2018
The Reserve Bank of Australia (RBA) left interest rates unchanged at 1.50% in line with consensus expectations. Notable callouts include the focus on maintaining the RBA forecasts for growth and inflation at above 3 per cent and above 2 per cent for 2018 respectively....
Monday Market Madness 30th April 2018
Australian CPI data was out last week with headline inflation rising 0.4% over the quarter (consensus: 0.5%) disappointing market expectations. Housing (up 0.7%) and Transport (up 1.1%) rose, driven by rising gas and fuel costs respectively. This however was offset by...
Monday Market Madness 23rd April 2018
Australian labour force data was out last Thursday with the unemployment rate falling to 5.5% (consensus: 5.5%) as the employment number rose, in net terms, by 4,900 jobs (consensus: 20,000). The participation rate fell by 0.1% to 65.5%. The momentum in full time...