The Jan 2014 labour market report was BAD. The unemployment rate rose to 6% — exceeding the GFC peak —
Finding what you expect is a common failing of human beings — however I doubt it is wishful thinking that’s
A funny thing happened yesterday. It was not the RBA dropping their easing bias — which was fairly obvious given
There are some interesting stories in the October employment data. The macro news isn’t great, but the good(ish) news is that
These three charts summarise the state of the labour market — and the September employment report. The good news is
The Sun’s Terry McCrann has published a great column on the nomination of Yellen and what it might mean for
The October RBA Statement had only a few changes from their September statement. Overall, my assessment is that there is
The RBA set the cat amongst the pigeons yesterday, by dropping the ‘scope to ease’ section from their concluding paragraph.
The September RBA meeting is unlikely to be a big event. While i am sure that Gov Stevens still believes
The RBA changed the language of their concluding statement in the minutes of the August meeting. Gone was the following
The market got the RBA statement wrong today — Australian interest rate futures sold off and the AUD rallied following
I missed the mark with regard to Gov Stevens’ speech yesterday, at least as far as the market was concerned.