Corporates are now spending heavily on digital transformation, not just for growth, but for their very survival. This creates a tailwind for providers of cloud computing, data analytics, and AI. Here we look at the winners from this theme, as well as the winners from two other powerful themes for... Show More
In this 2 1/2 minute clip, I chatted with Bevan Slattery about the history of Superloop, the reasons he is so excited on Asia as well his personal tech interests for 2018. Show More
There is one important piece of Australian economic data out this week - CAPEX. As always RBA will be watching this one closely. http://www.businessspectator.com.au/article/2014/2/25/markets/will-aussie-dollar-drop-over-capex-cliff Show More
It was looking like the party would continue on Wall St - until the Fed released its minutes. The fear cheap money could be coming to an end sending US stocks lower & setting us up for ANOTHER negative start Show More
Have you got a few minutes to play with something pretty cool? This visual data tool has just been released from Bloomberg. It allows you to sort and filter industries and companies from the Bloomberg Industry Leaders and then compare their ranking against peers. I can't imagine the amount of... Show More
Chinese PMI at 18 month high at 51.4 Show More
Big day for data releases on Thursday - domestic goods imports data for September and the National Australia Bank business survey for the third quarter are released at 1030 AEST as well as the Reserve Bank of Australia's foreign exchange transaction data for September (1130 AEST). In the US retail... Show More
We expect CPI inflation to rise further in Q4 and see rising risks that it may rise above 3.5 percent for some months in 2014, said Zhiwei Zhang, China economist at Nomura in Hong Kong. Inflation has now topped the guideline rate that China's central bank sets for bank deposit... Show More
Some fresh data rolling out of China: September CPI higher than expected +3.1% on year, up from 2.6% in August. Also September PPI also beating expectations -1.3% on year, -1.4% was expected. Show More
Data ahead - On Monday, Australian home loans figures for August are released at 10:30am AEST (market exp: -2.5%). In China, the consumer price index and producer price index are out at 11:30am AEST (market exp: 2.8%, -1.4% respectively). The key focus for local investors this week is what the... Show More
Coppo Report: We expect the employment rate to continue to trend higher towards a peak of 6.2% in mid 2014. Key Drivers: 1) leading/alternative measures on labour market conditions continue to signal that a further deterioration is in the pipeline. 2) The new Coalition Government has announced plans to trim... Show More
The Australian market looks set to open slightly lower this morning despite gains on Wall Street overnight after the nomination of Janet Yellen as the new Fed chairman. The SPI futures is down 19 points to 5,121. The ABS releases its September labour force data at 1130 AEST on Thursday,... Show More
Stephen Koukoulas, Managing Director of Market Economics has analysed the collection of monthly charts released by the RBA following its interest rate policy meeting. He highlights one key chart showing the share of Australian exports by destination, showing the meteoric rise of China as a trading partner in the last... Show More
Australia's AiG Performance of Services Index is up 8.1 points to 47.1 in September - the highest reading since March 2013. However, while the key activity indicators improved across the sector, they remained below the crucial 50 point level that separates contraction from expansion. Across the sub-sectors, health and community... Show More
Data ahead - On Thursday, the AiG PSI (services) report is released at 9.30am. As the Australian economy is 75% services, this will be an important data point. Although it is a holiday in China and Germany, there will be a raft of Markit Services PMIs out today which will... Show More
Tonight will be biggest ADP jobs report of all time - Normally, on the first Friday of every month non-farm payrolls report, aka the jobs report, is released to the market. However, this month is no normal month - barring an agreement to open the government before Friday morning, there... Show More
Two graphs show the extent of the pickup in the Australian housing market across all capital cities. It shows the rising clearance rates in 2013, rising from below 50% to almost 80% of late. Furthermore, the average dwelling price has risen from $560,000 to just below $600,000. This rise has... Show More
Credit growth in the private sector rose in August, according to data from the RBA. The total value of credit provided to the private sector lifted by 0.3% in the month, following a 0.4% lift in July. Annual growth came in at 3.4%, slightly higher than the 3.2% rise over... Show More
Data ahead - On Monday, Australia's credit figures for August are due out at 11:30am (market exp: 0.4% MoM, 3.5% YoY). In China, the HSBC manufacturing purchasing managers' index for September will be released at 11:45am (market exp: 51.2). The Reserve Bank of Australia is set to announce its cash... Show More
China Beige Book shows that the economy slowed this quarter as growth in manufacturing and transportation weakened - contrary to official government figures indicating an expansion pickup. The quarterly report by New York-based China Beige Book International is based on responses from 2,000 people and 32 in-depth interviews conducted in... Show More