Supercharged US Dollar Turns to GDP Growth Data

Key insights from the week that was. This week, Westpac surveys provided insight into both the current conditions and outlook faced by consumers and manufacturers. The Monthly CPI Indictor and job vacancies subsequently provided more evidence of the persistence of Australia’s disinflationary trend. Westpac-MI Consumer Sentiment’s March survey signalled that consumers remain very concerned over […]

June’s consumer price index data for the U.S. will be key in revealing whether the resurgence in inflation is over or if softer readings in April and May were just a short reprieve. On Thursday, we expect headline CPI growth to slow to 3.1% in June, down from 3.3% in May—marking a third consecutive monthly […]

The New Year unsurprisingly kicked off with a hangover for both stock and bond markets, as investors began the year by closing their positions and taking profit following an impressive two-month rally that was boosted by the expectation that the Federal Reserve (Fed) would soon start cutting the interest rates and cut them thoroughly throughout […]