NAB Quarterly Australian Commercial Property Survey Q1 2022
NAB’s Commercial Property Index rose to +11 pts in Q1, building on the gains seen in the last quarter when the index moved back into positive territory for the first time in 2 years.
Markets Today: Equities bomb as investors are reminded of inflation
The S&P500 high to low fall since the early January high puts it down 19% year to date and although not officially in bear market territory yet, looks to be only a matter of time.
Markets Today: China reopening, Americans shopping, Brits working
The UK’s unemployment rate fell to it’s lowest level since 1974 and along with a further pickup in average earnings growth, now see money markets pricing 125bps of BOE rate hikes by December.
Markets Today: Markets tossed back and forth in a sea of uncertainty
The biggest news overnight is commodities, oil prices are up, which threatens to prolong the inflation narrative.