All news stories

Term deposit rates just keep on rising with yet another increase from Macbank, taking its one year TD rate to the market leading position

US jobs growth tame, consumer confidence dives; China industry profits rise; EU-India deal signed; Swedes eye euro; Australia business sentiment holds; UST 10yr at 4.23%; gold on hold; oil firmer; AU$1 = 69.8 USc

Regulator ASIC has identified 'major shifts' in pressures on consumers that risk their nest eggs

US durable goods orders 'rise'; other US metrics unsupportive; Singapore factories hesitate; India & EU to sign major FTA; UST 10yr at 4.21%; precious metals zoom, with copper, tin; oil holds; NZ$1 = 59.7 USc

Westpac's Luci Ellis notes a genuine cyclical upswing in consumer spending is underway. This follows a long period of weakness and should not be assumed to be signaling a runaway inflationary boom

China FDI weak, changes focus on iron ore, Japanese inflation eases; India busy; US leading index downbeat; Australia braces for CPI; UST 10yr at 4.24%; gold hovers near record high; oil holds; AU$1 = 68.9 USc

US activity tame, leading index drifts lower; Canada retail up; Taiwan factories busier; China FDI weak; Japanese inflation eases; India busy; Simandou emerges; UST 10yr at 4.26%; precious metals rising; oil firms; AU$1 = 68.9 USc

The economic signals are pointing to a combination of a strong labour market and higher inflation, the ingredients for the RBA to move against these forces quickly. Financial markets sense the change and have quickly moved their pricing assumptions

US data mixed; Japan's exports strong; EU sentiment rises; Australian labour market good; container freight rates fall; UST 10yr at 4.25%; gold still rising; oil falls; AU$1 = 68.3 USc;