Latest Updates
A snapshot of the latest market updates from our Economic Services team.- 24 Apr 2024 Daily Report 24 April 2024Wall Street saw further increases last night, led by communication services and information technology. The Nasdaq gained 1.5%, while the S&P 500 rose 1.2% and the Dow Jones ticked up by 0.7%. There were strong increases for AI posterchild Nvidia, as well as Tesla, though in the case of the latter this was a bounce from a one-year low.
- 19 Apr 2024 Market WATCh Weekly 19 April 2024In Australia, employment declined in March, while the unemployment rate picked up a little but remained low at 3.8%. Abroad, US retail sales surprised to the upside in March, as did manufacturing production. Chinese GDP rose more than expected in Q1, supported by faster growth in urban fixed asset investment.
- 09 Apr 2024 Monthly Update March 2024Western Australian retail sales increased 0.3% in February, to be up 1.6% through the year. Western Australian employment rose 26.3k in February and the unemployment rate fell to 3.6%. New dwelling approvals in Western Australia rose 11.4% in January. Annual growth in the Australian monthly CPI indicator was steady at 3.4% in February.
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A daily summary of financial market developments and key macroeconomic data.
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A monthly summary of domestic market developments and Western Australian data.
External Financial Resources
Reserve Bank of Australia
Australian Bureau of Statistics
Department of Treasury WA
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Top - North Quay Terminals, Fremantle. Image courtesy of Fremantle Ports.
Below - Port of Port Hedland. Image courtesy of Pilbara Ports Authority.