Economy

Oil prices & bond yields jump; US PPI rises further; US inventories rise; Trump splashes the cash; ECB hikes; Australian inflation expectations rise; UST 10yr at 4.97%; gold lower and oil jumps; AU$1 = 71.6 USc

US data weakens on major policy missteps; Japan data strong; Taiwan exports impress again; China inflation rises especially PPI; UST 10yr at 4.84%; gold firm and oil jumps; AU$1 = 72.2 USc

US inflation expectations stay high, fear of job loss higher; China posts huge trade surplus; Germany posts surplus too; Australian inflation in focus; UST 10yr at 4.81%; gold dips and oil stays high; AU$1 = 72.2 USc

China reserves rise; Japan leading index rises; Singapore retail soft; Yen surges; EU growth picks up; German bund yields rise; copper hits record high; UST 10yr at 4.80%; gold and oil rise; AU$1 = 72.2 USc

Japanese household spending weak; US non-farm payrolls headline strong; Canada payrolls dip; German factory orders jump; Norway moves its gold to safety; global food prices rise; UST 10yr at 4.78%; gold and oil hold; AU$1 = 72.1 USc

US jobs growth claims face sceptical markets; supply chain pressure rises; Canadian jobs retreat; Japan household spending weak; global food prices rise; we take more secondary jobs; UST 10yr at 4.78%; gold and oil dip AU$1 = 72 USc

US domestic data positive but trade data weak; Canada trade data weaker; Yen rises; EU PPI high; Australia trade data soft; Dutch move their gold out of the US; UST 10yr at 4.77%; gold up while oil holds; AU$1 = 72.1 USc

US data flatlines despite rising factory orders. US labour market weak; Bank of Canada turns hawkish; Australian GDP expansion better than expected juicing financial benchmarks; UST 10yr at 4.79%; gold firms and oil rises again; AU$1 = 71.7 USc

Bond markets shout warnings; US data stable on stockpiling; Japanese sentiment firms; China's debt nears US levels; Australian building permits fall; UST 10yr at 4.80%; gold falls and oil jumps; AU$1 = 71.5 USc

Cotality's national Home Value Index fell 0.9% in August, marking a fifth consecutive month of decline. Sydney leads the downturn, outpacing its earlier 2022-23 correction due to falling demand and higher stock levels

Markets dig in for higher interest rates; Japanese retail strong; China PMIs weak; Indian growth beats forecasts; Aussie house prices fall, eyes on impending very hot summer; UST 10yr at 4.76%; gold dips and oil rising; AU$1 = 71.7 USc

Eyes on the Aussie GDP and NZ OCR; Malaysia and India post strong data; Warsh trapped by high US inflation, weakening economy; UST 10yr at 4.72%; gold and oil on hold; AU$1 = 71.6 USc

Warsh hints he is turning hawkish; US economic data weaker; Canada growth evaporates; Japan has a surprise; eyes on China Vanke; Bathla details uglier; UST 10yr at 4.73%; gold drops and oil eases slightly; AU$1 = 72.6 USc

Eyes on Warsh; US trade deficit rises; US inventories rise; Canada books a surplus; China profits rise again; Australian household spending jumps fueling rate hike bets; UST 10yr at 4.67%; gold unchanged and oil up; AU$1 = 72 USc;

US data mixed although durable goods orders positive; Meta concedes child harm, to pay large penalty; China rolls out support financing; Australia inflation falls less than expected; UST 10yr at 4.67%; gold dips and oil firm; AU$1 = 71.7 USc

Inflation falls from June as expected but not by as much as expected. Housing is up 5.0%, food is up 3.2%

US data weakens; Canada retaliates on tariffs; copper & other base metals hit record highs; Taiwan delivers more strong data; private credit shock in Australia; bird flu spreads in Australia; UST 10yr at 4.64%; gold rises and oil falls; AU$1 = 71.6 USc

Nouriel Roubini argues that in the US at least, rising yields partly reflect credit demand and potential future growth

US makes big economic threats at Iran; Iran blacklists tankers; US economic activity weakens; Canada gets new tariff threat; Singapore inflation up, baby bonus expanded; UST 10yr at 4.70%; gold rises and oil dips; AU$1 = 71.4 USc;

Canada rejects US tariff positions; China FDI weak but forklift sales strong; Japan inflation rising, PMIs positive; EU PMIs up; Australia PMIs softer; UST 10yr at 4.74%; gold dips and oil holds; AU$1 = 71.7 USc

US data stable but bond market loses faith it will stay like that; China FDI weak; Japanese inflation rises; Australia PMIs softer; Panama canal traffic restricted; UST 10yr at 4.74%; gold and oil prices up; AU$1 = 71.8 USc

Bessent moves off to a rocky start; US data positive; Japan, Taiwan and Malaysia exports strong; Australian inflation expectations rise, jobs market eases; UST 10yr at 4.70%; gold and oil prices up; AU$1 = 71.1 USc

US moves to hold back UST yield rises; Fed reveals inflation pressure reactions; USMCA deal close; Japanese machinery orders jump; UST 10yr at 4.71%; gold down; oil prices up again; AU$1 = 71.1 USc

US data very underwhelming; USMCA trade deal on the ropes; China households risk averse; Australia sentiment less negative; UST 10yr at 4.71%; gold down; oil prices up again; AU$1 = 70.9 USc