AUS
NZ
UK
CA
USA
IND
Economy
Policy Response Series: RBA Set To Fix Front End Of Curve, Cash Rate Hits Record Low
March 19, 2020 08:48 PM PDT| By Team Kalkine MediaRBA’s sense of policy responses is quite unique to other Central Bankers – its legacy of maintaining deep-thought, patience-reflecting, acutely-targeted policy responses – could be one of the reasons why Australia hasn’t had a...
RBA Slashes Cash Rate; February Unemployment Rate Plummets Against all Odds
March 19, 2020 05:42 AM PDT| By Kunal SawhneyPulling an emergency trigger to prevent the economy from the harsh effects of coronavirus pandemic, the RBA has slashed the cash rate to 0.25 per cent, the lowest level in Australia’s history. The RBA’s decision came in the wake of major...
RBA Set To Prime The Economy In Line With Global Peers
March 18, 2020 01:34 AM PDT| By Team Kalkine MediaWith mounting threats of coronavirus grappling the economy, the Australian government and financial regulators are taking steps to ensure smooth functioning of the financial markets and credit availability to households and businesses. Australian ma...
Morrison Government’s Next Major Fiscal Stimulus – How are Things Panning Out?
March 18, 2020 12:57 AM PDT| By Team Kalkine MediaAustralia might face about up to 150,000 deaths from coronavirus pandemic in a worst-case scenario, warned the Morrison Government, advising on restricting visits to cinemas, aged care homes and pubs. Considering the pace of the escalating coro...
Property Prices Rise in Australia in December 2019 Qtr Ahead of Coronavirus Pandemic
March 17, 2020 01:43 AM PDT| By Kunal SawhneyAt the time when evil tidings have mostly enveloped Australia’s media platforms amidst spread of coronavirus pandemic, the latest data by the ABS has given a shot in the arm of the nation’s property market. The ABS’ recent statist...
3 Emerging Market Stocks in US: RDY, AZRE & CHU
March 13, 2020 08:40 AM PDT| By Kunal SawhneyCompanies that require capital have various sources to access it, and overseas listing is one of them. Since ADR and GDR were introduced in capital markets, growing companies have increasingly opted for overseas listings for capital. Ideally, compan...
Coronavirus Crushes Hopes For Stronger Global Economic Growth
March 09, 2020 03:30 AM PDT| By Team Kalkine MediaGlobal economic growth was bleak but steady until the coronavirus plague. There were signs of recovery in the worldwide growth during the last trimester of 2019, with easing of trade disputes, and interest rates having simultaneous impact. But due to...
US rates now below pre-hike levels, AU December GDP Print beats estimates
March 04, 2020 08:51 PM PST| By Team Kalkine MediaOvernight in the US, Federal Open Markets Committee had stunned markets with an emergency rate cut of 0.50% to federal funds rate, it also announced additional liquidity measures for the money markets, MBS and ABS markets and primary credit rate....
Australian economy fragile amidst virus uncertainty - Are there any pockets of Opportunities?
March 04, 2020 12:21 AM PST| By Kunal SawhneyCoronavirus is the topic of discussion for almost every country from the past few months. It has clouded the outlook for global economic growth. Global markets remain weak due to fears of surging cases of coronavirus, signalling global growth to be l...
COVID-19 Epidemic: Global Rate Cuts; OECD Downgrades Economic Growth Forecasts
March 04, 2020 12:05 AM PST| By Team Kalkine MediaResponding to the growing coronavirus epidemic, the RBA has lowered the cash rate to 0.5 per cent in an effort to support the Australian economy, largely driven by the effect of the coronavirus outbreak, which has infected over 90,000 people in about...
Record Lows for AUD, ASX, Bond Yields Amidst Disappointing Capex Data
February 27, 2020 07:15 PM PST| By Team Kalkine MediaThe Australian currency is down by nearly 6% since the start of the year, hitting decade lows against USD. The ongoing tensions in the Middle East, doubts on the economic outlook of the country after the raging bushfires, impact of deadly coronavirus...
Coronavirus Takes a Toll on Global Markets
February 26, 2020 07:29 PM PST| By Team Kalkine MediaThe recent outbreak of the Chinese pandemic is wreaking havoc not only in China, but across the world. Some researchers opine that the Covid-19 epidemic could become a major disrupting pandemic of the globalisation era, reigniting doubts over the ste...
Investors Flock to Safe Haven Amidst Coronavirus Concerns, Tech Stocks Crashes
February 25, 2020 10:36 PM PST| By Team Kalkine MediaThe coronavirus epidemic has become a threat to global economic growth. As per the recent report released by the World Health Organisation, in the last 24 hours, 715 new cases of COVID-19 have confirmed (as on 24 February 2020). With this, the total...
Disappointing PMI Readings Add To COVID Woes
February 24, 2020 10:56 PM PST| By Team Kalkine MediaCoronavirus outbreak has become a significant source of disruption for the global economy. More than 76,000 people in 27 countries have been affected by COVOD-19, that originated in Wuhan, China. China’s share of world GDP in PPP terms is 19.7...
New Economic Perils: Jobless Rate Jumps To 5.3%
February 23, 2020 09:44 PM PST| By Team Kalkine Media2019 has been a tough year for the Australian economy with subdued economic activity, low inflation, the downturn in the property market and US-China trade disputes. However, it is noteworthy that the second half of 2019 generated a positive momentum...
Sluggish Wage Growth in Dec’19 Quarter Raises Expectations of Another Rate Cut
February 18, 2020 11:49 PM PST| By Team Kalkine MediaAustralian labour market seemed to be in a state of bliss after ABS reported an unanticipated fall in the Dec’19 unemployment rate last month; however, the recent wage growth statistics reveal the market is still under high pressure. T...
Highlights Of The NAB Business Survey
February 14, 2020 04:28 AM PST| By Hina ChowdharyNational Australia Bank Limited (ASX: NAB) has released its Monthly Business Survey for January 2020, painting a picture broadly similar to that at the end of 2019. In overall terms, the survey indicates that there was no noticeable deterioration des...
Australian Property Market Getting a Second Wind
February 11, 2020 10:31 PM PST| By Team Kalkine MediaIt seems the good days are back for the Australian property market, which has been struggling with lower dwelling values in the last few years. Last year this time, the market experts were projecting a huge property market slump in Australia by the e...
RBA Stays Optimistic Over Economic Outlook, Considers Coronavirus Outbreak a Near-Term Risk
February 07, 2020 04:10 AM PST| By Kunal SawhneyThe RBA’s announcements have surely captured all the attention this week, with investors keeping a close eye on its monetary policy decision and economic outlook for the year 2020. Just three days after keeping the interest rates on hold at 0.7...
RBA's rate cut cycle - Where do we stand and what it means for consumers
February 06, 2020 10:25 PM PST| By Team Kalkine MediaIn the last few days, the Reserve Bank of Australia has been on the spotlight, with monetary policy decision, monetary policy statement and an appearance of Mr Philip Lowe at the House of Representatives Standing Committee on Economics. The central...
