Five charts to keep an eye on

Nikko Asset Management Australia

As commodity prices have risen, the Australian economy is set to benefit from these continuing gains. Australia’s improving terms of trade has led to a big increase in nominal GDP, which is now growing at 6.1% year-on-year. As commodity prices have moved higher in the first half of 2017, this will aid the strongest expansion in nominal GDP since early 2011. Over the next two quarters, this should provide positive economic outcomes, with the important question now being – can this last?

(VIEW LINK)


Nikko Asset Management Australia

Nikko Asset Management is one of Asia’s largest asset managers, providing high-conviction, active fund management across a range of Equity, Fixed Income, Multi-Asset and Alternative strategies.

Expertise

Comments

Please sign in to comment on this wire.