Macro View | James Foster

Australian dwelling approvals declined 6.1% in August -  a downside surprise on consensus (-1%) -  falling back to their lowest level since ...

Fuel prices surged almost 15% in August post the federal excise tax cut, lifting  Australia's headline inflation rate from 3.5% to 4%yr....

Australian household spending stalled in August as the winding down of the federal excise tax cut saw fuel prices rise sharply. Transport-re...

The RBA hiked the cash rate by 25bps to 4.6% in a unanimous decision (9-0) by the Monetary Policy Board today. Governor Bullock maintained ...

The RBA is set to resume its tightening cycle with a 25bps hike today. This would lift the cash rate  to 4.6%, its fourth rate hike of the y...

US Treasury yields and the dollar continued to rise this week as strong growth data unlocked further upside, while soft auctions for 5 and 7...

Strong employment growth was unable to prevent Australia's unemployment rate lifting to 4.6% in August, its highest since late 2021. The...

Australia's latest labour force report is due today covering the month of August. With an RBA rate hike close to fully priced at next we...

A hawkish Fed meeting saw the US dollar reconnect with higher Treasury market yields as a key driver this week. The DXY lifted more than 1% ...

Higher oil prices following a reescalation of conflict in the Gulf renewed inflationary concerns this week, seeing bond yields rise sharply....

Fed rates were back in the spotlight this week, with pricing for a September hike wound back after Governor Waller said current inflationary...

Australia's trade surplus came in at $1.9bn in July, above the $1.5bn figure expected. Exports  (-3.3%) fell by more than imports (-2.5%...

The Australian economy expanded by 0.4% in the June quarter, modestly outpointing consensus and growth  in the March quarter (0.3%). Over th...