Macro View | James Foster
Independent Australian and global macro analysis
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Friday, October 7, 2022
Macro (Re)view (7/10) | RBA pivots ahead of the Fed
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A rally across risk assets was blunted by strong US labour market data at the end of the week, backing up commentary from Fed officials that...
Wednesday, October 5, 2022
Australian trade surplus $8.3bn in August
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Australia's trade surplus came in further in August, defying expectations for a rebound after narrowing sharply in July. Export earnings...
Tuesday, October 4, 2022
Australian retail sales rise 0.6% in August
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Australian retail sales posted another resilient outturn rising by 0.6% in August, advancing for the 8th month in succession. The support fr...
Australian dwelling approvals rebound in August
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Australian dwelling approvals posted a stronger-than-expected rise in August, rebounding from a sharp fall in July. House approvals have ret...
RBA hikes rates by 25bps in October
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The RBA Board took stock of its tightening cycle at today's meeting and elected to scale back to a 25bps rate hike after a sequence of f...
Monday, October 3, 2022
Australian housing finance falls 3.4% in August
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Australian housing finance commitments posted a 3.4% fall in August, extending their decline from the peak at the start of the year to 17.5%...
Preview: RBA October meeting
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The RBA Board is set to deliberate between a 25 and 50bps rate hike at today's meeting (decision due at 2:30PM AEDT). There have been cl...
Friday, September 30, 2022
Macro (Re)view (30/9) | Leaving Q3 behind
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A highly volatile Q3 for markets has drawn to a close leaving behind a deeply inverted US yield curve, stronger dollar and lower equities. T...
Friday, September 23, 2022
Macro (Re)view (23/9) | Relentless rise in rates
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The Fed's relentless hiking cycle went up a notch this week as the FOMC signalled a more aggressive approach was required to curb inflat...
Friday, September 16, 2022
Macro (Re)view (16/9) | Inflation watch continues
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An above consensus outcome on core inflation in the US drove an aggressive reaction in markets as expectations for more Fed tightening saw e...
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