Macro View | James Foster
Independent Australian and global macro analysis
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Wednesday, October 9, 2019
Australian housing finance approvals gathering momentum
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Australian housing finance approvals lifted further in August, while the value of lending commitments lifted for the 3rd straight month in b...
Friday, October 4, 2019
Macro (Re)view (4/10) | RBA cuts again as global sentiment weakens
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In a widely anticipated call, the Reserve Bank of Australia cut the cash rate by 25 basis points this week to 0.75%. Since recommencing thei...
Thursday, October 3, 2019
Australian retail sales rise 0.4% in August
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Australian retail turnover lifted by a softer-than-expected 0.4% in August, indicating only modest flow-through from recent monetary and fis...
Australia's trade surplus eases to $5.9bn in August
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Australia's trade balance pulled back to $5.9bn in August after posting its second-highest monthly surplus on record in July in line wit...
Tuesday, October 1, 2019
RBA cuts the cash rate by 25bps to 0.75%
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The Reserve Bank of Australia (RBA) Board cut the cash rate by 25 basis points to 0.75% at its meeting in Melbourne today. This decision had...
Australian dwelling approvals fall 1.1% in August
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Australian dwelling approvals took another step lower with a 1.1% decline in August to be at their lowest level in 6 ½ years. Both house an...
Monday, September 30, 2019
Preview: RBA October meeting
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The Reserve Bank of Australia (RBA) Board is on the road for its latest policy meeting that takes place in the Victorian state capital of M...
Friday, September 27, 2019
Macro (Re)view (27/9) | Markets contend with more uncertainty
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In another week highlighted by uncertainty, political developments in the US and the UK led the headlines. In the US, the House of Represent...
Friday, September 20, 2019
Macro (Re)view (20/9) | US FOMC cuts rates; RBA close to easing again
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As widely expected, the US Federal Reserve's policy-setting committee (FOMC) cut the fed funds rate by 25 basis points to a range of 1.7...
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