Canberra02 6295 7716Highlights; 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…
July Economic Update with Bob Cunneen
By upwealth
In
Economic Update
In this update, Bob Cunneen, Senior Economist talks to Jason Hazell, Head of Investment Communications, about key events driving markets during June. They discuss: Australian shares posting a mild monthly performance European share markets falling sharply in June Asian shares proving resilient, and the major themes driving markets continuing to be President Trump’s bold stimulus…
ThreeSixty Research Market Update – July 2017
By upwealth
In
Economic Update
Highlights: In June markets were influenced by political developments in the UK and US and more hawkish commentary from central bankers suggesting that soft inflation is only transitory. European equities lost 2.8% in June after two Italian banks were bailed out by the Italian government and ECB President Draghi hinted at tighter monetary policy. The…
July 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. The broad-based pick-up in the global economy is continuing. Labour markets have tightened further in many countries and forecasts for global growth have been revised up since last year. Above-trend growth is expected in a number of advanced…
ThreeSixty Research Market Update – June 2017
By upwealth
In
Economic Update
Highlights: Markets in May were heavily influenced by political developments in the major economies. European equities returned 2.6% in May helped by Emmanuel Macron’s convincing win in the French Presidential election. In the middle of the month equities were sold off on revelations that Donald Trump may have pressured former head of the FBI, James…
June Economic Update with Bob Cunneen
By upwealth
In
Economic Update
In this update, Bob Cunneen, Senior Economist talks to Myooran about key events driving markets during May. They discuss: Australian shares delivering a disappointing monthly performance US and European share markets making solid gains in May the political risks in Europe, the Middle East and North Korea as key themes driving markets, and President Trump’s…
June 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. The broad-based pick-up in the global economy is continuing. Labour markets have tightened further in many countries and forecasts for global growth have been revised up since last year. Above-trend growth is expected in a number of advanced…
May Economic Update with Bob Cunneen
By upwealth
In
Economic Update
In this update, Bob Cunneen, Senior Economist talks to Jason Hazell, Head of Investment Communications, about key events driving markets during April. They discuss: Australian shares delivering a solid monthly performance US and European share markets making strong gains in April President Trump’s bold promises of corporate tax cuts and higher infrastructure spending continuing to…
ThreeSixty Research Market Update – May 2017
By upwealth
In
Economic Update
Highlights: Equity markets rose in April helped by political developments in Europe and solid US corporate earnings reports. In the United States, the technology-laden NASDAQ Composite Index rose to all-time highs, boosted by strong earnings results from the major technology companies. US consumer and business sentiment surveys fell back from the recent highs reached following…