Which key events have been driving markets? Watch this video of NAB Asset Management’s Senior Economist Bob Cunneen talking to Head of Investment Communications Jason Hazell to find out. They discuss: improving Australian economic activity data heightened geopolitical risks between the US and North Korea causing a spike in share market volatility, and President Trump’s…
ThreeSixty Research Market Update – August 2017
By upwealth
In
Economic Update
Highlights; In a relatively quiet month for economic and policy news, global equity prices rose, helped by corporate earnings reports in the United States and Europe that were relatively strong. The US Dollar fell 2.9% against a trade-weighted basket of currencies as the “Trump Slump” continued. Over the month the lower US Dollar, and Chinese…
August 2017 Statement by Philip Lowe, Governor: Monetary Policy Decision
By upwealth
In
Economic Update
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the global economy are continuing to improve. Labour markets have tightened further and above-trend growth is expected in a number of advanced economies, although uncertainties remain. Growth in the Chinese economy has picked up a little and is…