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US economic growth moderated in the September quarter but is underpinned by strong consumer spending growth. [Read more…]
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US economic growth shot to an annualised 4.1% in the June quarter but the market is questioning whether this is sustainable.
The impact of US and Chinese tariffs has been noticeable in Asian export growth but US manufacturing activity is yet to be hit hard. [Read more…]
The global economy lost some momentum in the March quarter, but fundamentals remain robust.
US core inflation measures are rising, which is flowing through to longer-term expectations and pushing yields higher.
The threat of a trade war between the US and China continues to be a source of significant uncertainty for markets.
Australians will receive cuts to income tax as anticipated, while public infrastructure spending should help bring the economy closer to capacity.
Inflation in the euro area remains sluggish, with core inflation falling sharply from 1.0% to 0.7% in April.