The Pulse The US economy is generally performing well, although recent GDP and PMI figures indicate growth is slowing, and February’s payroll numbers disappointed. Much of the bad news coming from China appears to have been priced in, with markets largely unperturbed by the latest downward move in China’s growth target. Markets appeared satisfied with […]
Market Update – February 2019
The Pulse Fears of slowing growth momentum in the US and China are creating a sense of urgency for both countries to resolve the trade dispute The possibility of a further US government shutdown over border control is adding to uncertainty and downside risks to the economy The Australian residential property market continues to weaken, […]
Market Update – November 2018
The Pulse US economic growth moderated in the September quarter but is underpinned by strong consumer spending growth. The IMF recently downgraded its forecast for global economic growth, partly reflecting the US-China trade war. In Australia, business conditions remain relatively robust while labour market conditions continue to show signs of underlying strength. Chinese GDP grew […]
Market update – September 2018
The Pulse Trade tensions between the US and China are still a source of significant uncertainty for financial markets. Political risks and trade uncertainty have seen a vicious cycle of selling in emerging market currencies as investors react to contagion fears. US shares rose in August on the back of positive company earnings results, while […]
Making the most of a falling Aussie dollar
One of the major themes for local investors in 2018 is the fall in the Australian dollar, and it’s not just Aussie travellers heading overseas who are affected. Currency movements can have a big impact on your investment returns, but where there’s risk there’s also opportunity.