Economic Updates

Did China Retaliate with a Currency War?
August 5, 2019

By Deepta Bolaky  @DeeptaGOMarkets A Currency War Did China retaliate with a Currency War? Monday kicked-off with a bang with plenty of big moves in the financial markets. A risk-off sentiment prevails in the markets as dark clouds of trade tari...

Read More
New UK Prime Minister Labelled “Britain Trump”
July 24, 2019

By Deepta Bolaky  @DeeptaGOMarkets “Britain Trump” Britain has a new Prime Minister and as highly expected, Boris Johnson won the race over his opponent, Jeremy Hunt to become the new Tory leader. It was a convincing win despite the controver...

Read More
Back-To-Back Interest Rate Cuts
July 2, 2019

By Deepta Bolaky  @DeeptaGOMarkets Second Rate Cut The Reserve bank of Australia (RBA) cut interest rate by 25 basis points which marks the first back-to-back rate cut since 2012. The RBA also sets the interest rate to a record low at 1%: ...

Read More
Hong- Kong Protests Add to Market Angst
June 17, 2019

By Deepta Bolaky  @DeeptaGOMarkets It is reported that nearly two million people joined the mass protest against the controversial extradition bill on Sunday despite the government announcing a pause in the legislation on Saturday. It is beca...

Read More
European Parliament Election 2019
May 27, 2019

By Deepta Bolaky  @DeeptaGOMarkets European Parliament Election 2019 The 2019 EU Parliament election is one of the most important ones for the bloc amid the rise of nationalism and populist parties. Brexit is also the constant reminder that leavi...

Read More
Housing Market and the Federal Election
May 17, 2019

By Deepta Bolaky  @DeeptaGOMarkets Housing Market and the Federal Election "Labor – A fair go for Australia” “Liberal – Building our economy and securing our future” “Nationals – A strong vote for regional Australia” “Greens ...

Read More
An Election Rate Cut?
May 7, 2019

By Deepta Bolaky  @DeeptaGOMarkets Among the few interest rate decisions this week, the Reserve Bank of Australia stands out. The Federal election 2019 is fast approaching and analysts are debating whether a rate cut before the election is j...

Read More
Preview: Non-Farm Payroll Announcement
May 3, 2019

It’s a new month which means the latest Non-Farm Payroll figures will be released this week by the Bureau of Labor Statistics. The latest US jobs data will be released at 13:30 PM London time on Friday. Why is the announcement important? ...

Read More
US–China Trade Gap at Record High
March 7, 2019

By Deepta Bolaky  @DeeptaGOMarkets US-China Trade Gap at Record High Trade Deficit a Decade High- Was a Trade War Worth it? The Trade Deficit reported mid-week surprised the markets as it climbed to a decade-high. We also note that the US-Ch...

Read More
Australian Housing Market
March 6, 2019

By Deepta Bolaky  @DeeptaGOMarkets "Australians watch housing markets carefully, perhaps more so than citizens of any other country." Speaking at the Australian Financial Review’s annual business summit, RBA Governor Philip Lowe talked abou...

Read More
National Emergency
February 18, 2019

 By Deepta Bolaky President Donald Trump has declared a national emergency over the US-Mexico border swiftly after the spending bill was approved. It is not the first national emergency the US will face. Other situations of emergency were tri...

Read More
The Royal Commission’s Mammoth Report
February 5, 2019

By Deepta Bolaky  @DeeptaGOMarkets The bombshell report of the Royal Commission is finally out. The report depicts how the Banking, Superannuation and Insurance industries have treated their customers and employees. It highlights the exp...

Read More
Australian Banking Industry
February 4, 2019

By Deepta Bolaky  @DeeptaGOMarkets Australian Banking Industry The final report of the Royal Commission will be released just after the Australian market closes at around 4 PM! Hayne’s report will uncover the appalling practices and ...

Read More
Preview: Non-Farm Payroll Announcement
February 1, 2019

It’s a new month which means the latest Non-Farm Payroll figures will be released this Friday by the Bureau of Labor Statistics. The data is due to be released at 13:30 PM London time. Why is the announcement important? Non-farm payroll i...

Read More
China’s Stimulus Program
January 22, 2019

By Deepta Bolaky @DeeptaGOMarkets Fears of slowing growth and weak Chinese data have forced China to ramp up its efforts to stimulate its economy and reassure investors: Record $83 billion injection: China injected a large amount of mon...

Read More