Weekly Market WATCh
August 16, 2019
Aussie employment growth remains strong but wages growth is soft.PDF Download PDF
Trade war appears to be weighing on Chinese growth.
Aussie bond yields fall to fresh record lows amid yet more financial market volatility.
August 9, 2019
Weekly economic and financial market highlightsPDF Download PDF
August 2, 2019
Australian dwelling approvals fall in June, quarterly retail sales growth was soft and CPI inflation remained subdued in Q2.PDF Download PDF
In the US, the FOMC cut rates by 25 basis points as expected.
Chinese manufacturing contracts at a slower pace in July.
July 26, 2019
Australian internet job vacancies continued to fall in June.PDF Download PDF
Flash PMIs suggest global manufacturing conditions have remained soft in July.
The ECB kept interest rates on hold at its policy meeting this week.
July 19, 2019
Australian employment rose a seasonally adjusted 0.5k in June, with the unemployment rate steady at 5.2%.PDF Download PDF
Chinese GDP rose by 6.2% YoY in Q2, which is the weakest pace in 27 years. Meanwhile, the monthly data showed signs of stabilisation with fixed asset investment rising 5.8% YoY (January to June), industrial output up 6.3% YoY in June and retail sales growing by 9.8% YoY.
In the US, retail sales rose by 0.4% in June, while industrial production was steady in the month.
July 12, 2019
The value of new home loans (excluding refinancing) fell 2.4% in seasonally adjusted terms in May, to be down 20.9% YoY.PDF Download PDF
The Westpac consumer sentiment index saw confidence tumble 4.1% in July despite a rate cut by the RBA and the announcement of government tax cuts.