Key insights from the week that was. In Australia, nominal retail sales rose strongly in September, up 0.9% (2.0%yr). However, this was mostly due to transitory factors, including policy changes around medicines under the Pharmaceutical Benefits Scheme and major product releases, most notably the latest iPhone model. On a three-month rolling basis, nominal retail sales […]
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Markets After the market chaos in the wake of the Liberation Day reciprocal tariffs announcement, president Trump and his administration now apparently (again) started a new battlefield challenging classic economic thinking/wisdom: central bank independence. Referring Read more…
The Dollar Index (DXY) has experienced a significant decline since President Trump’s tariff war intensified global trade tensions. From its peak on September 26, 2022, the Index has exhibited a clear bearish sequence. This decline Read more…
US stocks slumped. All four major US stock indices ended Monday, 21 April session, deeply in the red. The S&P 500, Nasdaq 100, Dow Jones Industrial Average, and Russell 2000 lost 2% or more. The Read more…