Market Overview

US economic growth remains on track to slow in the fourth quarter, but today’s revised analysis still supports a “soft landing” outlook that will keep output strong enough to...

The “American Dream” is dead.It would certainly seem to be the case if you believe surveys like Gallup that showed nearly 50% of the younger generation favor socialism over capitalism. To...

The Fed last raised rates in July and we think that marked the peak. There is growing evidence that tight monetary policy and restrictive credit conditions are having the desired effect on depressing...

Investors should brace for more volatility next week as the stock market faces a pair of significant market-moving risk events. U.S. CPI inflation data and the Federal Reserve’s final policy...

Asian share markets are in mixed form going into the final session of the week as Yen tries to stabilise following big gains against USD while risk sentiment in China remains quite negative. Traders...

Late last year, I was asked on a podcast what one fear I had for 2023 that was out-of-consensus and not expected by markets, but a non-zero probability which if it came to pass would have a huge...

It was mostly a quiet week for term deposit rates after the RBA kept rates steady in the December monetary policy decision.Rate hikes in February next year and beyond remain a possibility, although...

DXY eased last night:JPY roared on hopes of shock rate hikes. Forlorn, in my view. AUD popped:Oil stopped falling for the day:Dirt kept going:Miners popped:EM doom:Junk better:Treasuries sold as...

Stocks finished lower as risk-off seemed to be a theme yesterday, with oil prices slumping below $70. Oil has been a harbinger of all things these days, and the best thing that can happen with oil, at...

Asian share markets are reeling again, with the red across the board as Yen rallies against USD while risk sentiment in China remains quite negative. Traders are positioning for tomorrow’s US...

Prawns on the barbie, a turkey in the oven, and neatly wrapped presents under the tree: Many of the things that make an Australian Christmas shine typically come at a cost.And for some, crunch time...

Bond markets again dominated proceedings overnight across the risk complex with all eyes on US Treasuries as Wall Street can’t make its mind up on direction with continued wobbles going into the...

DXY is still firming in counter-trend: AUD is the mirror image: CNY will hold back AUD upside: Oil is in free fall. If it breaks support then $60 comes into view as the global economy...

The US was supposed to be in recession by now, according to numerous forecasts from early in 2023. But the bearish forecasts have fallen flat as output has remained positive. GDP surged in the third...