Weak US Jobs Figure Leads to Inflation Deflation
It’s going to be hard for financial markets to get worried about this week’s US CPI report after the much forecast one million new jobs failed to be created in the US economy in April.
Read MoreIt’s going to be hard for financial markets to get worried about this week’s US CPI report after the much forecast one million new jobs failed to be created in the US economy in April.
Read MoreThe 2021-22 Federal Budget surfaces tomorrow night and from all accounts it is going to look a lot like the delayed 2020-21 document – lots of spending and few signs of austerity.
Read MoreWeak headline figures in the face of continued strength in underlying trends are making the Chinese economy tough to get a good read on at the moment.
Read MoreIn his weekly Insights column, Dr Shane Oliver from AMP Capital considers the re-emergence of geopolitical risk and what to look for over the rest of the year.
Read MoreThe home building boom looks like continuing until the end of this year after another record month for approvals in March to a seasonally-adjusted $15.56 billion.
Read MoreThe RBA will keep the key cash rate steady but has started moving to cut the size of its support packages to accommodate the strengthening economy.
Read MoreThe local economy moves further into centre stage ahead of the federal budget tomorrow week, China is showing more signs of slowdown, and Europe has dipped into recession.
Read MoreThe US jobs figure for April dominates data this week, but there are also some important central bank meetings, Chinese trade figures, and global manufacturing surveys.
Read MoreThe first estimate of March quarter economic growth for the US economy confirmed the upgrade from the Federal Reserve to the way it described the growing economic bounce back.
Read MoreWall Street dipped into the red in the final minutes of the session after the US Federal Reserve issued an upbeat assessment of the health of the American economy as it emerges from the pandemic.
Read MoreAustralia exported a record $14 billion worth of iron ore in March, a $2.5 billion increase from February as volumes recovered and prices surged to a series of new highs.
Read MoreEconomists think that headline inflation will surge from the March quarter’s annual rate of a weak 1.1% to more than 3% in the current June quarter.
Read MoreThe March quarter Consumer Price Index surprised with a smaller than expected rise of just 0.6% after a 0.9% in the December quarter.
Read MoreAustralian inflation dominates local events this week with a big quarterly rise from the December quarter but a modest annual increase forecast.
Read MoreThe health of the US economy takes centre stage this week with March quarter growth figures released, a meeting of the Fed, and then consumer spending and inflation data out on Friday.
Read MoreThere’s less than a month to go to the Federal Budget but what’s the betting that the parties involved have thought really hard about what might be needed in future years to drive growth?
Read MoreIn his weekly Insights column, AMP Capital’s Dr Shane Oliver goes deep into the resurgent Australian property market and why he believes the good times may soon be at an end.
Read MoreAs expected China’s March quarter economic growth boomed – mostly due to a comparison with the sharp fall in the March quarter of 2020.
Read MoreThe March labour force data was strong but we won’t get a true picture of the health of the jobs market post JobKeeper until this time in May and then in June.
Read MoreJeffrey Schulze and Josh Jamner from ClearBridge Investments explain why the reflationary period that needs to occur before inflation has traditionally been an attractive time for investment in risk assets.
Read MoreThe Reserve Bank of New Zealand has again kept its key interest rate on hold in a repeat of its previous decision this year, citing a summer slowdown in economic activity.
Read MoreDespite the doomsayers’ prediction of carnage at the first hint of a jump in US inflation, when it actually came it passed without too much pain and bond yields actually fell.
Read MoreThe Australian economy made it through the end of JobKeeper and reduction in JobSeeker payments in a healthy state, according to the March business survey from the NAB.
Read MoreChina’s trade performance surged in March as imports grew at their strongest rate in four years while exports continued the solid growth seen in the past few months.
Read MoreWhile the housing market goes from strength to strength, the problems for listed retail shopping mall owners and their privately controlled counterparts don’t look like easing any time soon.
Read MoreAnother big week for business, economies and investors/consumers, with plenty of data coming out, led by the latest local jobs figures and some key US economic data.
Read MoreData issued on Friday by the Chinese National Bureau of Statistics revealed the Consumer Price Index rose 0.4% in March compared to a fall of 0.2% in February.
Read MoreIn this week’s Insights column, AMP Capital Chief Economist Dr. Shane Oliver picks apart what the RBA’s monetary stance means for investors and the broader Australian economy.
Read MoreThe US is booming, or getting close to one. The IMF says so, the Fed thinks so and now Jamie Dimon, CEO of JPMorgan Chase and America’s senior banker agrees.
Read MoreAccording to the IMF, the global economy will be powering out of 2020 thanks to the rapid rise in vaccinations in the US and the near $US2 trillion Biden stimulus program.
Read MoreAs expected the Reserve Bank has left the official cash rate unchanged at 0.1% and again emphasised that it is prepared to wait until it sees stronger wages and inflation.
Read MoreThe US economy is booming and will get boomier as vaccinations build, confidence grows and the Biden stimulus really kicks in from this month and through June.
Read MoreABS housing data on Wednesday revealed a surprise surge in both private and non-private dwelling approvals, thanks in part to the federal government’s first home buyers’ assistance package.
Read MoreActivity in China’s huge factory and services sector grew faster than forecast in March from February when it was slowed by the annual Lunar New Year holiday.
Read MoreWeak pent-up demand will likely prevent a post-COVID boom. Nikolaj Schmidt, Chief International Economist with T. Rowe Price explains why.
Read MoreFebruary was a record month for Australia’s trade account, with the $8.1 billion figure marking the first time the country has seen three months in a row of $8 billion-plus goods surpluses.
Read MoreBrief lockdowns in Victoria and Western Australia saw retail sales down in February, with the first estimate from the ABS showing a fall of 1.1% for the month vs the expected rise of 0.3%.
Read MoreNew Zealand’s economic growth for the fourth quarter contracted 1% – a worse outcome than the flat result that was forecast by the country’s central bank and many in the markets.
Read MoreThe unemployment rate dropped to a better than expected 5.8% in February from 6.4% at the start of the year after 89,000 new jobs were created in the month.
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