Australian Markets Weekly: A different answer to Glenn’s conundrum
This week we focus on two important developments from last week. The Governor (and Board’s) conundrum about unemployment rates and the implications for the Australians market.
This week we focus on two important developments from last week:
- First, the Governor (and Board’s) conundrum, whereby the Bank is unsure why the unemployment rate is falling, against expectations of a continuing rise; and
- Second, the implications for Australian markets, if the reason for the fall is indeed a reduced trend rate of growth.
We also preview this week’s events, of which the FOMC meeting is key.
For a full synopsis of the markets this week download:
For further FX, Interest rate and Commodities information visit nab.com.au/nabfinancialmarkets