The upcoming US presidential election is contributing to market volatility and raising fears of a disputed election result, which could lead to market instability. Attention shifted in September from monetary policy to fiscal policy as markets looked for signs that fiscal spending will continue to prop up economies around the world. The Australian federal budget…

At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate, the yield on 3-year Australian Government bonds, and the parameters for the expanded Term Funding Facility. The global economy is gradually recovering after a severe contraction due to the pandemic. However, the recovery is uneven…

Which key events have been driving markets? Watch this video with Bob Cunneen, Senior Economist at MLC Asset Management, to find out. 

The global economic recovery continues, however growth is uneven across regions and there were signs of a loss of momentum in Europe through the September quarter. US President Trump stepped up his trade rhetoric ahead of the presidential election with talk of a “decoupling” from the Chinese economy amid a widening trade deficit. China is…

At its meeting today, the Board decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points. It also decided to increase the size of the Term Funding Facility and make the facility available for longer. Under the expanded Term Funding Facility, authorised deposit-taking institutions (ADIs)…

Central bank policies driving share market performance Despite economic stresses, major share markets continued to rise in July as investors remain buoyed by supportive central bank policies.. Bob Cunneen, Senior Economist at MLC Asset Management, discusses these points in the August Economic Update.

Highlights: The impact of the Covid-19 pandemic on the global economy has been profound, especially in emerging, low-income economies with limited health care capacity. Trade tensions between the US and China added to market volatility, while the outcome of the November US presidential election remains uncertain. A port explosion in Beirut killed at least 135…

At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points. The global economy is experiencing a severe contraction as countries seek to contain the coronavirus. Even though the worst of this contraction has now…

Share markets up, but economic concerns remain: what’s going on? Markets have been buoyed by central bank and government support for economies. However, COVID-19 remains a threat and economies are still fragile. Bob Cunneen, Senior Economist at MLC Asset Management, discusses these points in the July Economic Update. Watch the video >>

Highlights: Since the initial outbreak, COVID-19 has spread to over 210 countries, and estimates indicate it could trim global economic growth by between 3.0% to 6.0% in 2020. Cyclical indicators including PMIs and unemployment rates remain weak but are improving, bolstering the market’s hopes of a speedy recovery. Some countries and US states reversed course…