Market WATCh Weekly 1 October 2021

Market WATCh Weekly 1 October 2021

October 1, 2021

In Australia, the east coast lockdowns translated into a further fall in retail sales in August. Building approvals rose in August helped by high-rise activity. However, August saw the biggest decline in new home loans since May 2020. Job vacancies dropped in Q3 but remain higher than pre-COVID levels.
Offshore, the Chinese composite PMI rose back into expansion territory in September, driven by a recovery in services. In the US, initial jobless claims rose for the third week in a row last week and consumer confidence slipped in September.

Download PDF