Rural Commodities Wrap – June 2013

Global financial markets have taken a dive at the suggestions of the US Federal Reserve scaling back quantitative easing soon and the drying up of new stimulus initiatives by the Japanese government.

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  • Global financial markets have taken a dive at the suggestions of the US Federal Reserve scaling back quantitative easing soon and the drying up of new stimulus initiatives by the Japanese government.
  • The first half of 2013 has seen the continuation of very mixed trends across the big advanced economies and the anticipated Chinese economic acceleration has not eventuated.
  • The weakness in Australian Gross National Expenditure suggests that the domestic economy is still mired in a soft patch with the immense impact of structural change becoming more apparent. 

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