Market Overview

The construction of 8,312 new private sector houses were approved in March, down 2.8% from February and 15% less than in March '22. Key points The ABS have revealed the construction of 12,686 new...

How does the minimum wage affect the Fed’s biggest fear? I touched on this subject previously as the Fed began its rate-hiking campaign. However, while the issue of the “millions of...

This comes as Aussies look to beat an uptick in property price rises despite rising interest rates in a bid to potentially avoid missing the boat. Key points First home buyer lending grew 15.3% in...

It was the ECB’s turn this time with an expected 25bps rate rise, but no pause signalling whatsoever as the not-quite a central bank indicating inflation was still a persistent problem across...

DXY hung on last night:AUD did too: Commodities firmed into stupidity:Miners did not:EM stocks don’t know what to do:Junk spreads are telling them to sell:The Treasury curve steepened...

Well, the Fed is done raising interest rates. They aren’t quite done tightening yet, because the Federal Reserve is going to continue to shrink its balance sheet slowly. That’s...

Most likely, this was the last Fed hike of this tightening cycle.Even before the press conference, the omission of the key sentence ‘’some additional policy firming may be...

The Federal Reserve signalled a “conditional pause” with a small but expected rake hike overnight, but all eyes were on the regional bank crisis in the US that the Fed seems to be papering...

To preface, I have no right to be right about the markets. All I have are indications that the herds either don’t know about or don’t care about (I know this by relative Twitter...

This comes as the quarterly ABS Living Cost Index (LCI) revealed a 2.0% increase in living expenses for employed Australians in the March quarter. Key points ABS Living Cost Index (LCI) revealed on...

The decision to raise the cash rate by another 0.25% to a decade year high of 3.85% stunned the market with the overwhelming consensus forecasting this month’s call be another pause. Key...

Woolworths Ltd (ASX:WOW) has reported an increase in sales during the third quarter, despite ongoing industry-wide cost pressures that have kept shelf-price inflation at persistently high levels.Let's...

DXY is holding and maybe even firming:AUD launched on the RBA shock but faded badly:Oil is telling us that global recession is coming:Dirt appears ready to break:Big miners (NYSE:RIO) did break:EM...

Goldman with the note. Makes sense to me. Leading indicators were already turning up with house prices.RBA Governor Lowe spoke this evening following today’s surprise decision to increase the...