Entries by David Flanagan

Soft CPI and Rising Global Yields

The CPI release reduces the chance of a rate hike in 2017. Wednesday’s CPI figures were a little on the softer side but still came in at around expectations. The q/q was 0.5% with 0.7% forecast, and the annual rate is currently 1.5% in comparison to last quarter’s 1.3%. It seems most of the inputs fell […]

CPI Day

An interesting morning with the CPI data release. An important data point is released at 11.30am this morning in the form of Australia’s latest Q4 CPI figure. Headline forecasts centre on 0.7% q/q, with the likely range 0.3% – 1.0%. Australia experienced its second wettest winter ever in 2016 which suggests a likely increase in vegetable […]

Markets Cautious as Trump Gets Busy

The market remains watchful after Trump takes office. Donald Trump has been busy since taking office and one of his first actions has had a direct impact on Australia. One of his first orders of business was to sign an executive order withdrawing the US from the Trans Pacific Partnership. The impact on Australia shouldn’t […]

Inauguration Day

What can we expect from Donald Trump now he has taken office? Donald Trump’s long awaited ascent to the White House finally took place on Friday night. He was his polarising self, with his inauguration speech filled with the same ingredients he used so successfully to get himself elected in the first place. It was […]

Employment Muddles On

Australian employment muddles along as focus shifts to Trump’s inauguration.  Australia’s employment report saw the run of soft outcomes through 2016 continue into year end. Total employment growth was largely in line with estimates, growing by 13,500 over the month. Two thirds of the growth was attributed to full time jobs with the remaining one […]

Consumer Concerns

Consumer concern over their own finances continues to grow. Despite a huge share market rally going into the end of the year and interest rates remaining at all time lows, pessimists still outweigh optimists according to the latest Westpac-Melbourne Institute consumer sentiment survey. The headline index managed a 0.1 gain in January however it remained […]

Clean Break for Brexit

May confirms clean break from the EU. Right on cue, market volatility returned as this week’s key events kicked off. Overnight the UK’s Prime Minister Theresa May confirmed that the UK would see a hard or clean exit from the EU. Which ever way you want to term it, Britain wants a clean break and […]