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 | Feb 12, 2018 | Economic update, Monday Market Madness
The Australian share market turned around a weak start to the day to close higher, as bargain hunters bought stocks beaten up in Monday and Tuesday’s plunge. The benchmark S&P/ASX200 index was up 0.2 per cent at 5,890.7 points at 1630 AEDT, after falling 0.3...by Josh Wingrove | Feb 5, 2018 | Australian Stock Market, Economic update, Investing, Investments, Monday Market Madness
The Australian stock market was somewhat volatile last week. The week had a solid start on Monday. This was then followed by a risk sell off, reaching the week lows early Wednesday morning. But, finally recovered into the end of the week. Investors pushed the market...by Josh Wingrove | Jan 29, 2018 | Economic update, Monday Market Madness
The Australian stock market recorded a steady performance last week. Investors pushed the market back to levels last seen at the middle of January. This is amid ongoing optimism for economic growth at home and overseas. The benchmark S&P/ASX 200 index gained 0.8%...