NAB Group Chief Economist Alan Oster talks about the latest impacts of the Coronavirus. Listen now.

It’s been a topsy turvy session overnight.

For the week ended September 12, NAB data showed a -2.5% year-on-year fall in overall consumption spending.

US interest rates will be lower for longer – that’s the takeout from today’s FOMC meeting.

Will Chinese manufacturers lose in the post-COVID world?

In our new Consumer Cashlflow Analysis report, we explore the stresses in household balance sheets and hence macroeconomic impacts on consumers spending behaviours.

US equities are on the rise again driven by a flurry of M&A activity, alongside vaccine hopes and reasonable activity numbers from China.

China’s industrial sector still driving the recovery, with consumers lagging.

Shares climbed in the US on the hope Pfizer will have a vaccine ready by the end of the year.