Macro View | James Foster
Independent Australian and global macro analysis
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Wednesday, August 16, 2023
Australian employment -14.6k in July; unemployment rate 3.7%
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Australia's Labour Force Survey for July was much weaker than expected across the major aspects of the report, going against the trend o...
Preview: Labour Force Survey — July
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Australia's Labour Force Survey for July is due at 11:30am (AEST) today. Strong momentum in employment saw the unemployment rate decline...
Monday, August 14, 2023
Australian Q2 Wage Price Index 0.8%; 3.6%yr
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Australian wages growth came in on the soft side of expectations in the June quarter, with the annual pace easing back to 3.6%. The momentum...
Preview: Wage Price Index Q2
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Australia's Wage Price Index for the June quarter is scheduled for release at 11:30am (AEST) today. Strong labour market conditions have...
Friday, August 11, 2023
Macro (Re)view (11/8) | US inflation offers more encouragement
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Risk aversion was the prevailing theme across markets this week, with growth concerns in China outweighing continued encouraging US inflatio...
Friday, August 4, 2023
Macro (Re)view (4/8) | Peak in sight for RBA
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While equity markets saw broad-based pullbacks this week, this was overshadowed by developments in the US Treasury market. The US 10-year yi...
Thursday, August 3, 2023
Australia's trade surplus widens to $11.3bn in June
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Australia's trade surplus widened in June to come in at $11.3bn, driven by a fall in imports. Exports also declined in the month, with l...
Wednesday, August 2, 2023
Australian retail volumes -0.5% in Q2
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Australian retail sales volumes slid further in the June quarter as household demand continued to be weighed by higher interest rates and el...
Tuesday, August 1, 2023
Australian dwelling approvals lift in June quarter
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Australian dwelling approvals declined in June but posted their first quarterly rise in 12 months. Higher density approvals have rebounded f...
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