Bonds/Interest Rates

Australia’s unemployment hit a 34-year low in January. The RBA will be sweating.

In line with what one would have expected, overall consumer confidence in Australia sank in February.

The Dow rallied back from its depths of minus 113 despite some disturbing news from insurer AIG.

Somewhere in the world there’s at least another US$300bn in subprime losses we don’t know about yet.

ANZ Job Advertisements rose again in January, leading the bank’s head of Australian economics Tony Pearson to suggest the Australian labour market will remain tight in coming months.

Housing finance and jobs numbers released this week will give clues as to whether the RBA’s move was a good one.

Topsy-turvy and largely directionless is the best way to describe last night’s session. But increasingly inflation is becoming the topic of discussion.

The Philly Fed president turned Wall Street around last night by hinting that inflation might prevent another cut.

Significant services sector contraction in January sent the Dow crashing down over 350 points.

The RBA today raised the cash rate to 7.00%.