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: the ambitious Wall Street the announcement of Jerome Powell as the next US Fed Chairman and the strong rebound in Australian shares in October….
ThreeSixty Research Market Update – November 2017
By upwealth
In
Economic Update
Highlights: Recent economic data continues to show that the major economies are all growing and that global growth is accelerating. In Japan, the recent elections returned Prime Minister Shizo Abe’s Liberal Democratic Party with a larger majority allowing a continuation of Abenomics. In the US, markets reacted favourably to the details of the Republican tax…
Monetary Policy Decision – Statement by Philip Lowe, RBA Governor, November 2017
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 and further above-trend growth is expected in a number of advanced economies, although uncertainties remain. Growth in the Chinese economy is being supported by increased spending on…