The Pulse • Senator Biden is projected to win the US presidency, while President Trump’s chances hinge on successful legal challenges in multiple battleground states.
The Morrison Government’s mind-bogglingly large support packages to get Australians through the COVID-19 shutdown have dominated headlines, and rightly so. Only months ago, the Australian economy was in relatively good shape and headed for a Budget surplus.
The Pulse Both the US and China are optimistic that a ‘phase one’ trade deal will be reached, but subsequent negotiations will likely prove more difficult. Tension between the US and Iran following the US assassination of Iranian general Soleimani has left markets on edge. The devastation from the Australian bushfires will have a significant […]
The Pulse Markets have reacted favourably to the prospect of a ‘phase one’ trade deal between the US and China, which would involve a roll-back of tariffs. Positive developments on the trade front would come at the right time for the US economy, which has suffered from a deterioration in business confidence and investment. The […]
The Pulse • Central banks have engaged in a policy reversal in response to weaker economic growth and the uncertainties associated with the US-China trade conflict. • US inflation has inched higher, but core CPI measures and sluggish wages growth still point to spare capacity in the labour market. • The UK’s new prime minister […]