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Oil prices extended 10-month highs on Wednesday. Meanwhile, annual inflation rose higher than expected to 3.7% in August.Oil prices soared to the highest since November 2022 on Wednesday...
Despite surging interest rates, there are few signs they are impeding economic activity or causing distress amongst borrowers. It may seem strange that higher rates are not proving troublesome for an...
Some analysts who favor one or two indicators to forecast US recessions have had a rough year. The reliance on a generally robust predictor may yet prove its worth in the months ahead. But so far the...
The monthly GDP numbers have been highly volatile, but we do expect slower growth over the coming months as the cooler jobs market and higher rates continue to biteThe UK economy contracted by half a...
The inflation data forecasts are pointing toward two contrasting scenarios The Core CPI could decline, while the CPI could inch up But the question still remains: How will the actual data affect the...
The unemployment rate is likely to trend upwards over the coming months, according to Indeed senior economist Callam Pickering. Key points Indeed senior economist Callam Pickering told the Savings...
Perhaps more than any other developed country in the world, Australia has immensely benefitted from the almost 30 years of rapid Chinese industrialisation.The explosion in Chinese demand for coal and...
By Greg PeelBuy the Dip For the third day running, the ASX200 fell in the morning and rallied in the afternoon. Yesterday, the index took a 50 point round trip from the open to the low and back to the...
How US inflation report affects the US dollar and stocks
Markets are torn. Will the ECB hike this week or not? We think it will, but we look at how different scenarios can impact rates and FX. Even in our base case, we suspect that convincing markets that...
More and more Australians are turning to tiny homes in an effort to remove themselves from the grips of the nation’s housing crisis.As renters struggle amid record-low vacancy rates, homeowners...
In the short-run, energy stocks are outperforming the S&P 500.The Strategic Petroleum Reserve (SPR) is at its lowest point since 1983, at 347 million barrels. Established in 1975 from the fallout...
Global markets have enjoyed a strong rebound this year following 2022’s rout, but recent turbulence suggests that previous highs reached will remain elusive for the near term.The good news for...
Investors in Europe and the US are preparing for a volatile week as the economic docket is full of fireworks. Since last week, concerns about the Fed’s interest rate cycle have begun to surface...
While the Consumer Price Index has begun falling in the rate of growth from its 30-year high reached in December 2022, inflationary conditions and other macroeconomic pressures continue to place...