Macroeconomic outlook should trump Sydney property prices

US personal consumption fell by 0.2% in January following a 0.3% decline in December. The figure, the first back-to-back monthly decline recorded since early 2009, was below expectations for a fall of 0.1%. While the headline reading missed, after removing the impact...

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Minuscule moves likely pre-Yellen

US existing home sales fell sharply in January with a decline of 4.9% reported. The figure, well below the 2.4% increase of December and expectations for a decline of 0.8%, left the annual pace of sales at 4.97m, a low not seen since April 2014. Sales of both homes...

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