Latest Updates
A snapshot of the latest market updates from our Economic Services team.- 22 Oct 2024 Daily Report 22 October 2024The rally in US stocks came to a halt last night, following the winning streak over the past few weeks. The Dow Jones retreated by 0.8%, the S&P 500 lost 0.2%, but the tech-heavy Nasdaq managed to gain 0.2% in a choppy session.
- 18 Oct 2024 Market WATCh Weekly 18 October 2024In Australia, employment saw another outsized increase in September, while the unemployment rate was steady at a downwardly revised 4.1%. Abroad, US retail sales growth surprised to the upside, but industrial production fell more than expected.
- 09 Oct 2024 Monthly Update September 2024The RBA left its interest rates unchanged in September. The Western Australian unemployment rate was 3.9% in August, while employment rose by 3.1% YoY. Western Australian retail trade increased by 0.4% in August, to be 4.5% up through the year. In September, Western Australian Treasury Corporation released an investor focused publication ‘Decarbonising Western Australia and Our Trading Partners’.
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TopĀ - North Quay Terminals, Fremantle. Image courtesy of Fremantle Ports.
Below - Port of Port Hedland. Image courtesy of Pilbara Ports Authority.