22 August 2018 Bob Cunneen, Senior Economist and Portfolio Specialist                                                      Source: Datastream  Australia’s nominal wages growth has been weak over recent years. Wages are growing at only a 2.1%…

Bob Cunneen, Senior Economist and Portfolio Specialist                                     Turkey’s currency vs bond yield                                                    …

Highlights: US economic growth shot to an annualised 4.1% in the June quarter but the market is questioning whether this is sustainable. The impact of US and Chinese tariffs has been noticeable in Asian export growth but US manufacturing activity is yet to be hit hard. In Australia, the RBA continues to keep rates on…

10 August 2018 Bob Cunneen, Senior Economist and Portfolio Specialist                                  Australian interest rates                        Source: Reserve Bank of Australia’s statistical tables F1 and F2. Australia’s Reserve Bank of Australia…

31 July 2018 Bob Cunneen, Senior Economist and Portfolio Specialist                      European industrial production                                  Sources: Eurostat and Thomson Reuters Datastream. European industrial production has improved over recent years. For the year…

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. Growth in China has slowed a little, with the authorities easing policy while continuing to pay close attention…

25 July 2018 Bob Cunneen, Senior Economist and Portfolio Specialist                                       US inflation vs interest rates   Sources: Federal Reserve Bank of St Louis and Federal Open Market Committee (FOMC) meeting minutes for June 2018.  US’s price…

Highlights: US core consumer prices lifted in line with the Fed’s 2% inflation target, vindicating June’s rate hike. Slowing credit growth and infrastructure spending is pointing to softer Chinese growth for the June quarter. Australia’s labour market continues to tighten, but employment growth and hours worked have lost momentum and wage growth is subdued. US…

5 June 2017 Bob Cunneen, Senior Economist and Portfolio Specialist                    Australian dollar vs interest rate gap                   Sources:  Reserve Bank of Australia and Federal Reserve Bank of St. Louis. The Australian dollar (AUD) has been surprisingly resilient against…

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent.   The global economic expansion is continuing. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. The Chinese economy continues to grow solidly, with the authorities paying increased attention to the risks in…