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Daily economic update

... ECB's mandate is to control inflation not stimulate growth. They expect inflation to average 2.2 per cent in 2006 which is above the bank's target of 2 per cent and implies further rate hikes from the current 2.5 per cent. The question is will the ECB ...

Daily economic update

... 2007. This is higher than its previous estimate of 2.1 per cent in 2006, and 2 per cent in 2007. With forecast inflation above its 2 per cent target ceiling, there is no doubt the ECB is gearing up for more rate hikes as it tries to carry out its primary ...

Daily Economic Update

... average house prices in Australia's eight major cities rose by 2.1 per cent in the December quarter to stand 2.3 per cent above their level in the same period in 2004. The continued weakness in the property market should keep the RBA off the interest ...

Market wrap

AAP  |  THURSDAY, 2 MAR 2006
... Index was up 9.52 points at 1290.18. The Nasdaq Composite Index was up 31.85 points at 2313.24. LONDON - UK stocks surged above 580 as bid talk boosted industrial gases group BOC and mobile phone operator Vodafone rebounded from three-year lows. The ...

Daily Economic Update

... of the previous quarter. This is lower than the US economy's 3.2 per cent annual growth and Japan's 4.5 per cent pace but above the Eurozone's 1.7 per cent.

Daily economic update

Australian house prices rose by 2.1 per cent in the December quarter to stand 2.3 per cent above their level in the same period in 2004. This compares favourably with unchanged prices in the September quarter and market expectations for a 0.8 per cent ...

Daily economic update

... no sign of incipient underlying inflationary pressures, but expect the recent resurgence in oil prices to keep inflation above the 2.0 per cent target. This suggests the central bank is poised to raise rates soon despite still minimal growth from its ...

Mariner US property an 'upper recommended buy': Lonsec

... forecast distribution yield of 9.25 per cent this year, growing to 9.6 per cent next year, with a high tax advantage, is above the industry average. The ratings firm also noted that the fund should hold steady even if the US economy slows down. "Given ...

Absolute Alpha launches new FOHF

... the "commercial arbitrage" opportunity that creates. Richard, said the funds will aim to keep risk down relative to but above the index level while offering returns that will be consistent, even in a bear market. The fund recommends a holding period ...

Daily economic update

The Westpac/Melbourne Institute leading index of economic activity stood at 4.1 per cent in December. This is above its long-term level of 3.7 per cent indicating a favourable growth outlook for the domestic economy in the coming months. However, reflecting ...