Macro View | James Foster
Independent Australian and global macro analysis
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Friday, June 5, 2026
Macro (Re)View (5/6) | Fed outlook shifts on strong payrolls
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US equities posted their largest weekly declines in at least a year after strong payrolls data drove a hawkish repricing, with markets now p...
Thursday, June 4, 2026
Australia's trade balance returns to surplus in April
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Australia's trade balance moved back into surplus in April ($1.8bn), after slipping into deficit for the first time in 8 years in March...
Wednesday, June 3, 2026
In review | Australian Q1 GDP: Net exports weigh capex surge
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The Australian economy slowed in the March quarter, as cyclones and the tech-related capex boom saw net exports weigh heavily on growth. Do...
Tuesday, June 2, 2026
Australian GDP growth 0.3% in Q1
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Australian economic growth slowed from 0.9% to 0.3% in the March quarter, just short of the 0.4% consensus forecast. Headwinds to the econom...
Australian dwelling approvals fall 3.4% in April
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Australian dwelling approvals fell a further 3.4% in April, exceeding the 1.5% decline expected, after plunging 10.5% in March. Approvals fo...
Monday, June 1, 2026
Australian Q1 GDP indicators
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The ABS released several key reports this morning, ahead of tomorrow's March quarter GDP figures in the National Accounts. There were no...
Friday, May 29, 2026
Macro (Re)View (29/5) | Light at the end of the strait
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Progress towards the agreement of a 6o-day extension to the ceasefire in the Middle East that also allows for the reopening of the Strait of...
Thursday, May 28, 2026
Preview: Australian Q1 GDP
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Australia's March quarter GDP growth figures are due in today's National Accounts release (3 June). Annual growth rose strongly to ...
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