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The opening chapter on inflation and the accompanying rate hikes are worrying property investors, though the story is a long way from finished. According to Aussie cash rate futures, the market is pricing in for cash rates to hit almost 3.6% by the middle of next year. So, I...
The RBA’s plunge into negative equity will have to be reckoned with, both in Martin Place and in Canberra.
- Unexpected cut to key lending rates in China; Move seen as opening the door to more monetary easing actions ahead. - US markets closed for holiday.
- Plethora of rate decisions that highlight the divergence of central bank policies (Norges hikes by 25bps; SNB, Taiwan, Philippines, Indonesia hold);
- Major European PMI Services data remained robust but continued slow compared to the prior peaks seen earlier this year (Beats: France, Germany, Euro