Market Overview

We rationalize why US longer tenor rates are rising – basically, the curve is inverted and getting used to discounting structurally higher rates. If so, reversion to a normal curve must mean...

This marks the seventh consecutive quarterly decline in the household savings ratio, as spending continues to outpace the growth in income. Key points Household savings ratio falls from 3.6% to 3.2%...

The Australian dollar went into free fall after the RBA turned less hawkish:TD Securities wraps the statement: The RBA kept the cash rate on hold at 4.10% as was widely anticipated by the analyst and...

Before investing in a stock, it's crucial to have a plan for managing losing positions But before you do that, it is critical to examine the reasons behind your decision Ultimately, there is no...

For the third successive month, the cash rate will remain at 4.10%.This decision was widely anticipated in the light of recent economic developments. The 12 rate hikes we have already seen look to be...

Recipients of the Age Pension, Disability Support Pension, and Carer Payments can expect an increase of $32.70 a fortnight for singles and $24.70 for couples. Key points More than 4.7 million...

The holiday-shortened trading week will focus more on digesting data from last week than on anticipating new data. The key data to watch this coming week is the ISM Services Index, expected to be...

DXY was firm overnight with US market closed:AUD fell: Oil roared on:Dirt reversed course:EM stocks are finished:Junk fell:Societe General has a good take on the AUD: Economics China’s debt...

Australian households spent 0.7% less in July '23 compared to '22, the first annual decline since February 2021. Key points Australian household spending dropped 0.7% over the twelve months to...

Global marketsContinued ‘Goldilocks’ reports out of the United States helped support equity and bond markets again last week, with the S&P 500 rebounding for the second week in a row....

Goldman with a useful take on DXY and AUD. USD: Still on track. The headline August payrolls number was somewhat firmer than expected, but there were offsetting downward revisions to prior months...

Cash led the performance race in August for the major asset classes, based on a set of proxy ETFs. In fact, most markets posted losses last month. The handful of winners, in addition to cash: a broad...

Powell’s recent Jackson Hole Summit speech was mainly as expected. Well, except for the part where Powell obfuscated the truth behind the surge in inflation. More telling was the...

Economists from all four of Australia's biggest banks expect the RBA to once again hold the cash rate target at 4.10%. Key points More and more banks are cutting 6-month and 12-month rates below...