| 21 Nov 2008 |  |  |
Markets Today |
| | Not a lot of good news around this moring, not even in the cricket (unless you are a Kiwi) with Michael Clark just missing his ton in an otherwise dismal display. |
| 20 Nov 2008 | | |
Markets Today |
| | Equity markets are closing on a bad note with European markets down 4-5% and the Dow and S&P 500 off 5-6% into the close. SPI futures down 161 points, -4.5%. |
| 19 Nov 2008 | | |
Markets Today |
| | US equity markets are lower, 35 minutes before the close. The Dow is off 0.1%, the S&P 500 is down 1.0% while the NASDAQ is down 1.7%. The ASX SPI 200 Futures is down 1.0% this morning. |
| 18 Nov 2008 | |  |
Data Review - RBA November minutes highlighted case to move quickly to neutral; we expect more to protect against recession |
| | This morning's November RBA Board minutes strongly infer that the aggressive 75 bps easing was designed to quickly move the stance of monetary policy to neutral stance. |
| 18 Nov 2008 | | |
Markets Today |
| | European equity markets fell and US markets are lower in the last hour of trade with the Dow and the S&P 500 down around 1%. SPI futures are down 0.7%. |
| 17 Nov 2008 | | |
Data Review - Retailing ultra tough; downside risk to Q3 GDP 0.5% pick; RBA to cut 75 bps in December |
| | Today's September quarter retail sales volumes were even softer than our milder than market consensus forecast. |
| 17 Nov 2008 | | |
What to Watch - Economics |
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| 17 Nov 2008 | | |
Markets Today |
| | US stock markets fell in the wake of poor retail sales data, earnings warnings and job cuts with the Dow down 3.8%, the S&P 500 off 4.2% and the Nasdaq off 5.0%. |
| 17 Nov 2008 | | |
Australian Markets Weekly |
| | Our NAB Business Survey for October showed a record plunge in business confidence and conditions are pointing to subdued Non-farm GDP. |
| 14 Nov 2008 | | |
Data Review - Economists tip RBA to cut rates 50 bps in Dec; NAB expects 75 bps |
| | Below is the Reuters survey for the RBA rate outlook. |
| 14 Nov 2008 | | |
Markets Today |
| | US stock markets are up sharply this morning, after at one stage being down 4%, the S&P 500 is up 4.7%. SPI futures are up 3.4%. US bonds sold off, 2-yr yields up 8bps to 1.24% while 10-yr yields rose ... |
| 13 Nov 2008 | | |
Policy Watch |
| | Governor King took the opportunity of the November Inflation Report to send a clear signal to markets, stating that the MPC 'are certainly prepared to cut Bank rate again if that proves to be necessa... |
| 13 Nov 2008 | | |
Markets Today |
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| 12 Nov 2008 | | |
Data Reviews and Releases |
| | Ken Henry heads the inquiry into the tax system and his speech focused on its 'enormous complexity'. |
| 12 Nov 2008 | | |
Data Review - Wages growth slows in Q3, helps case for further RBA cuts |
| | The Wage Price Index rose 0.9% in the September quarter to be up by 4.1%yoy. |
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