Producer price inflation in the September quarter in Australia rose by less than economists had expected but the composition of the number means little changes to forecasts for this week’s CPI data.
The Reserve Bank of New Zealand is expected to leave rates unchanged this week but quietly change its tune.
Analysts were generally impressed by Wesfarmers’ first quarter numbers but remain as yet unconvinced overall.
Weekly musings from your editor. Ultimately, it all boils down to whether enough value is on offer, or not.
Growth in China increased in the September quarter but China specialist Dragonomics remains skeptical.
Competitors such as Google are trying to enter the online real estate classifieds market but market leader REA is expected to continue delivering solid earnings growth.
A quarterly GDP growth of 8.9% is not enough to encourage any easing in stimulus measures, according to China’s Bureau of Statistics.
Strong performances in iron ore and petroleum get BHP off to a solid start, but broker reaction is muted due to a number of issues.
Most Australian stockbrokers simply cannot get excited about Australian Pharmaceutical Industries.
Both TradeTech and UxC raised their weekly U3O8 spot price indicators this week.
