Macro View | James Foster

Receding inflation risks and a fragile household sector have a 25bps rate cut from the RBA firmly in the frame for today's meeting (deci...

It was tougher going for risk assets this week as the outlook for Fed easing was pared back and fiscal and deficit concerns returned to the ...

Australia's trade surplus halved in May to $2.2bn, its narrowest since August 2020 - defying  expectations to come in at $5bn. The surpl...

Australia's dwelling approvals series lifted for the first time since the opening month of 2025 rising by 3.2% in May, a slight  miss on...

Australian retail sales rose 0.2% for May, an underwhelming outcome relative to expectations (0.5%) coming off a flat month in April (revise...

Easing concerns around trade and geopolitics and a dovish repricing of the Fed outlook saw investors sending US equities to record highs and...

Australian inflation has continued to cool, validating the near 80% chance markets have assigned to an RBA rate cut in July. Headline CPI in...

Geopolitics continued to dominate the headlines as markets also worked their way through a raft of central bank meetings. Equities lacked co...

Australian employment unexpectedly fell by 2.5k in May, unable to follow on from its largest rise in 14 months in April (87.6k). The unemplo...

Australia's monthly update on the labour market for May is due from the ABS at 1130 today. Employment rediscovered form in April surging...

Middle East conflict reverberated across markets late in the week putting equities under pressure. The US dollar lifted following Israel...

Macro developments were largely overshadowed this week by the Trump-Musk split, but despite the noise equities still broadly made ground. An...