Westpac Economic's Weekly Update

China was certainly the focus of financial markets this week. It a fitting time then for the release of the August edition of the Westpac-MNI China Consumer Sentiment survey. The detail on employment and family finances was an interesting contrast to the volatility apparent in China's equity markets. Households' views on the housing market were also largely constructive. In Australia, we received updates on construction and CAPEX investment ahead of next week's GDP result. CAPEX expectations remain worryingly weak, although we expect an improvement among service firms in due course.


MORE ON



Senior Economist
Westpac

An Economist based in Sydney Australia with a particular interest in macro-financial analysis of the Australian and global economy. Having spent a number of years with the Reserve Bank of Australia and Westpac Economics, monetary policy, the...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.