Market WATCh Weekly 8 January 2021

Market WATCh Weekly 8 January 2021

January 8, 2021

Aussie job ads continued to rise in December, while the trade surplus narrowed and dwelling approvals remained strong in November.
The global composite PMI indicated that the global expansion slowed a little in December, dragged down by contractions in the euro area and Japan while Australia, China and the US saw the strongest growth.
In the US, the ISM PMIs showed the US economy remained solid in December, however, the labour market data is signalling a deterioration in conditions.

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