Economy
Uptick in May retail sales, Retail Players Under Spotlight
June 19, 2020 12:00 PM BST| By Team Kalkine MediaThe easing of lockdown restrictions seems to reverberate positive hopes in economic reboot, indicating that consumer activity is reviving its normalcy. May 2020 Retail trade figures released by Australian Bureau of Statistics on 19 June reported th.....
Powell Explains Fed’s Business in Corporate Bonds
June 17, 2020 02:48 PM BST| By Team Kalkine MediaUS Federal Reserve has been taking up some unconventional measures since last three months amid credit-starved economy. Coronavirus induced lockdown and slowdown in economic activities worldwide have made economies come to a standstill. The U.....
Chinese Investment fallout in Australia; Are there any Bright Spots?
June 11, 2020 10:10 AM BST| By Team Kalkine MediaBrimming stiffness over COVID-19 outbreak has undeniably caused a stress in Australia and China relationship. Australia has been one of China’s top FDI destinations, and there have been signs of increasing conflict between the two nations.&nb.....
Beacon of Hope: Westpac Consumer Confidence Picks Up in June
June 10, 2020 07:28 AM BST| By Team Kalkine MediaConsumer confidence has found its way back from downward spiral ignited by COVID-19 pandemic, springing back to pre-pandemic levels, reveals latest Westpac Consumer Sentiment index. The recent Westpac-Melbourne Institute Index of Consumer Sentimen.....
China’s road to recovery: Production levels up, but demand remains muted
June 05, 2020 09:50 AM BST| By Team Kalkine MediaSummary China is one of the first countries to recover from the COVID-19 pandemic and resume its business activities and other functions. May 2020 PMI data indicates three consecutive months of production levels above threshold post record low .....
All I want to know is where I am going to die so that I’ll never go there- Inversion a Power Tool
June 04, 2020 02:20 PM BST| By Team Kalkine MediaSummary Inversion is a radical but critical skill that nearly all great thinkers use to best of their advantage It allows one to feel around in the dark for the downsides that exist without anyone knowing The “new normal” of COVID-.....
Whats Buzzing on Economic Front; Are there Any Bright Spots?
June 04, 2020 02:10 PM BST| By Team Kalkine MediaSummary While March Quarter GDP data depicted 0.3% dip, household saving ratio increased to 5.5%, and household final consumption expenditure reduced during Q1. AUD/USD pair continues to stay afloat, hovering near three-months high on the back .....
Lessons from Spanish Flu Pandemic that Hit a Century Ago- History Repeating Itself?
June 04, 2020 01:10 PM BST| By Team Kalkine MediaSummary The Spanish flu (1918) is an apt incident to refer to and might prove helpful to the global public health community prepare to combat contemporary pandemic. COVID-19 is a headline-grabbing, yet far less deadly than the Spanish Flu .....
Are there Any Green Shoots Emerging from the Global Manufacturing Data?
June 03, 2020 02:58 PM BST| By Team Kalkine MediaSummay May 2020 Global manufacturing PMI data showed only slight contraction in output, as China reported growth, while downturn began to subside in most countries except Japan and Australia. China’s PMI figures showed good signs of recov.....
COVID-19 Aftermath: US Real GDP expected to shrink by 5.6% in 2020
June 03, 2020 05:35 AM BST| By Team Kalkine MediaSummary The Congressional Budget Office expects real GDP to be down by 11.2% in 2Q 2020. A modest recovery is likely to kick in 3Q 2020. The unemployment rate would peak in 3Q 2020 at 15.8%. Long term interest rates would average 1% 2020. Lo.....
Is the worlds’ beloved currency off for a downhill?
June 02, 2020 03:10 PM BST| By Team Kalkine MediaSummary Deteriorating economic conditions points to a weaker US economic outlook. Currency interventions in the past have not yielded the desired results. Economists have pitched for a new reserve currency. USD dominated global trade transact.....
RBA Keeps Cash Rate Static at 0.25%, Maintains Upbeat Tone in Monetary Policy Meet
June 02, 2020 10:54 AM BST| By Team Kalkine MediaSummary RBA keeps cash rate and three-year Australian government bond yield unchanged at 25 basis points. The central bank believes a coordinated, substantial and unprecedented easing of monetary and fiscal policy is aiding the Australian econo.....
Wage Subsidies Still Playing on the Charts
June 02, 2020 07:39 AM BST| By Team Kalkine MediaSummary NZ government provides further over NZD 29 million to NZ Post financially under pressure amid declining mail volumes in COVID-19. To support economic recovery from coronavirus, the government has allocated NZD 50 billion for COVID-19 Re.....
Companies Open Doors for New Employees as the UK Economy Forges a Path to Recovery
May 29, 2020 10:04 PM BST| By Team Kalkine MediaUK’s coronavirus headache might be gone as signs of labour market growth were spotted with the largest rise in hiring seen in rural areas, as per the survey conducted by the Recruitment & Employment Confederation (REC). It seems that the w...
Impact of Falling Oil Prices on The UK Economy
May 29, 2020 01:58 PM BST| By Kunal SawhneySummary Current trend in the oil prices indicates a slow upward trend, recovering from a severe slump Oil producing companies are looking for ways to survive A gradual improvement in demand for the fuel in post lockdown era is expected Th.....
China’s Economic Outlook: Country faces double whammy of COVID-19 and trade war with the US
May 29, 2020 12:27 PM BST| By Team Kalkine MediaSummary China decreases GDP growth target as few factors are difficult to predict amid coronavirus uncertainty. There is some recovery in commercial activity, but it has lagged behind expectations. US-China trade deal calls for a renegotiation.....
RBA: Negative Interest Rates Extraordinary Unlikely, Less Severe Economic Downturn Expected Ahead
May 28, 2020 06:38 AM BST| By Team Kalkine MediaSummary RBA is highly unlikely to go for negative interest rates and prefers purchasing more government bonds in case further stimulus is required. Consumer confidence and personal spending data are reviving hopes of sooner than expected econom.....
Nudging the trends in Property Space: Uptick in Auction clearance rates but housing prices expected to fall
May 26, 2020 04:24 AM BST| By Team Kalkine MediaSummary Volume of auctions have seen a slight uplift. However, housing values have reflected a mild slowdown due to low transaction activity. According to Core Logic, Residential property sales fell 40% in April driven by a fall in consumer se.....
NZ Property Market Scenario: Rags versus Riches
May 25, 2020 07:09 AM BST| By Team Kalkine MediaSummary: While April reported dip in property sales according to REINZ data, residential auction is slowly picking up with eased lockdown restrictions. Though number of properties on offer in the latest auction was only a fraction of pre-lockdown...
Gravitated by COVID-19: China abandons GDP Targets, Japan channels JPY 30 Trillion to SMEs
May 22, 2020 10:25 AM BST| By Team Kalkine MediaIn the wake of the coronavirus pandemic outbreak, key economies around the world have had to witness a first of its kind situation with large uncertainty ahead. While some changes were foreseeable, others have been far too difficult to manage such as...