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Economics

Daily economic update

A higher-than-expected US core CPI reading cancelled out yesterday's positive mood in the financial markets brought about by good news on producer price inflation and the minutes of the March FOMC meeting.

Daily economic update

To date, it appears that the rise in the price of commodities, apart from energy, has had little impact on US input prices. A slowing US housing sector will detract from US economic growth.

Daily economic update

Oil topped US$70 a barrel and continues to hover around this level as geopolitical concerns remain very high in Iran and Nigeria. China's strong growth adds to concerns over a global supply shortage.

Daily economic update

The US trade balance narrowed to a deficit of US$65.74 billion in February from a record US$68.59 billion deficit in the previous month.

Market wrap

AAP  |  THURSDAY, 13 APR 2006
The Australian share market is expected to open firmer, although volume is expected to be light heading into the Easter break.

Daily Economic Update

The US National Association of Realtors (NAR) expects housing market to decline; German investor confidence drops; China's trade surplus surge to second highest on record.

Market Wrap

AAP  |  WEDNESDAY, 12 APR 2006
The Australian share market is expected to open weaker as concerns about higher oil prices and a mixed lead from base metals create negative momentum for the domestic bourse.

Daily economic update

It appears that the continued stability of domestic interest rates is impacting favourably on the housing market. Overseas, the European Central Bank and the Bank of England both decided to keep interest rates unchanged.

Daily Economic Update

After a lull over the past few months, the Australian labour market is again picking up speed. The number of employed persons increased by 27,900 in March, This follows February's surprise jump of 25,900 and is higher than market expectations for a 10,000 ...

Daily economic update

There were again no surprises in the Reserve Bank of Australia's (RBA) announcement that its Board has decided to keep the official cash rate unchanged at 5.5 per cent after yesterday's meeting.