Australian retail spending rises 0.2pc in August
On Thursday morning, NAB analysts forecasted an increase of 0.4 per cent month-on-month (MoM), above consensus…
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Aussie consumer sentiment dips amid ongoing inflation worries
The Westpac-Melbourne Institute Index of Consumer Sentiment for August was released today, revealing that households with…
RBA hits pause again; Oxford Economics expects “extended” hold at 4.1pc
The Reserve Bank of Australia has left interest rates unchanged at 4.1 per cent – news…
Australian household spending declines by 0.7pc in July
The ABS has released its monthly Household Spending Indicator, revealing that spending dipped by 0.7 per…
Post-pandemic global currency trends: Australia and UK decline, Mexico leads gainers
Analysts from City Index have surveyed countries with the highest GDP and local currency strength against…
China cuts key lending rate in bid to counter economic deflation and growing stimulus concerns
The People's Republic of China has officially reduced its one-year (1Y) prime loan rate from 3.55…
Aussie unemployment inches up to 3.7pc in July
The ABS has revealed its latest labour force statistics for July, indicating a slight uptick in…
Fitch Ratings may downgrade dozens of US banks – and it still expects a Q4 recession
Shortly after downgrading its credit rating for the US earlier this month, the renowned ratings agency…
China’s largest property developer is teetering – and Australia’s going to feel the pain
Chinese economic data was already looking bad enough when the country released its latest export data…
RBA minutes provide rationale for August pause amid mixed economic landscape
Minutes from the reserve bank of Australia have been released today, revealing the reasoning behind the…