In this update, Bob Cunneen, Senior Economist and Portfolio Specialist, reviews events in markets during December. He discusses: the major themes, which continued to be Trump’s promises of corporate tax cuts and infrastructure spending, as well as political risks in Europe how global shares made strong gains as US shares surged to record highs, and…

Highlights: In December global equity markets continued to make new highs as investors factored in stronger economic growth and higher corporate earnings in the United States following the US election in November. Oil prices rose 8.7% to US$53.75 per barrel (WTI) following the agreement by OPEC and several non-OPEC oil producing countries to cut production…

Highlights: In November equity markets were boosted by Donald Trump’s election victory as investors bet that his policies will be better for business and likely to lead to stronger US economic growth. Oil prices rose 5.5% to US$49.41 per barrel (WTI) after OPEC and some non-OPEC countries agreed to cut production. Chinese purchasing manager indices…

In this update, Bob Cunneen, Senior Economist and Portfolio Specialist, reviews events in markets during November. He discusses: how US shares and bond yields surged higher given President-elect Donald Trump’s promises of corporate tax cuts and infrastructure spending the solid gains recorded by global shares, and how Australian shares rebounded given stronger commodity prices. Find…

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy is continuing to grow, at a lower than average pace. Labour market conditions in the advanced economies have improved over the past year. Economic conditions in China have steadied, supported by growth in infrastructure and…

Highlights: In October equity and bond markets were both a little weaker as investors worried about higher US interest rates and the outcome of the US elections. Crude oil prices were about 3% weaker as oil producer nations failed to agree to production cuts. Chinese economic data was relatively good helped by infrastructure and housing…

  In this update, Bob Cunneen, Senior Economist and Portfolio Specialist, reviews events in markets during October. He discusses: the softer performance of global shares how the prospect for higher US interest rates and a close Presidential election caused US shares to fall, and how our inflation rate picked up speed, casting doubt on further…

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy is continuing to grow, at a lower than average pace. Labour market conditions in the advanced economies have improved over the past year, but growth in global industrial production and trade remains subdued. Economic conditions…

Highlights: In September equity and bond markets were dominated by investor concerns around the timing of the next US interest rate hike. Crude oil prices rose 8% on talks from producer countries of possible cuts to oil production levels. Chinese economic data continued to show that economic growth is being supported by strong housing construction…

In this update, Bob Cunneen, Senior Economist and Portfolio Specialist, reviews events in markets during September. He discusses: how European shares edged lower due to the concerns over the health of Europe’s banking system the timing for higher US interest rates being a key issue driving global markets the mild gain achieved by Australian shares,…