Glug, glug, glug: AUD, iron ore underwater

Market Update November 26 RBA Deputy Governor Philip Lowe delivered a speech in Sydney overnight titled ‘Building on strong foundations’ which discussed the future composition of Australia’s economy, the benefit of our geographic location in Asia along with the  need...

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Let the Q3 Australia GDP Inputs Begin!

The first of Australia's Q3 GDP inputs arrives tomorrow with the release of construction work completed in the three months to September. As all of the attached charts show engineering work, largely as a result of the slowing mining capex boom, has been sliding since...

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AUD, miners retreat: China euphoria fades

Market Update November 25 US economic growth cooled in October, at least according to the Chicago Fed’s national activity index, with their gauge slipping to 0.14. The reading was below the downwardly-revised 0.29 figure of September and came despite 49 of 85...

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Weekly Economic Horizon November 24-28

Economic Horizon - Nov 24 A quick look at the major economic and policy events scheduled in the week ahead. Domestically we'll hear from RBA Deputy Governor Philip Lowe on Tuesday evening with Q3 construction and capex data scheduled for Wednesday and Thursday...

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German business confidence logs first increase in 7 months

German business confidence increased for the first time since April in November with the IFO business climate index rising 1.5pts to 104.7. The reading was higher than the 103.2 figure of October and expectations for a decline to 103.0. Current conditions gained...

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The views presented by Scutt Partners are general in nature. The information provided should NOT be used by investors as financial advice. Each investor has a specific set of circumstances to be considered and any investment should only be carried out after consulting your own financial advisors.

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