Shows
CommBank Global Economic & Markets Update podcastAussie Weekly - RBA shocks market with on hold decisionThe big news this week was a surprise on hold decision from the RBA. Economists Belinda Allen and Harry Ottley run through the decision, and why it was such a shock. They also review the CommBank HSI data and preview the labour force survey due next week.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, w...2025-07-1111 minCommBank Global Economic & Markets Update podcastFX Weekly - Tariff news to drive currency markets this weekKristina Clifton and Carol Kong discuss the key drivers of currency markets this week including important tariff news and the Reserve Bank of Australia and Reserve Bank of New Zealand monetary policy announcements.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
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No Reliance ...2025-07-0708 minCommBank Global Economic & Markets Update podcastAussie Weekly - Consumer data remains mixed ahead of RBA July meetingThere was a steady stream of data this week headlined by retail trade and the ABS Monthly Household Spending Indicator. The data was broadly mixed but taken in totality, the Australian consumer remains subdued. Elsewhere, home prices increased again in June and there was a rebound in building approvals. In this week's podcast, economists Belinda Allen and Harry Ottley talk through this data and preview the RBA policy meeting next week.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwea...2025-07-0411 minCommBank Global Economic & Markets Update podcastFX Weekly - US trade negotiations, US labour market data and Bank of Japan’s Tankan surveyKristina Clifton and Carol Kong discuss the top influences affecting currency markets this week, including US trade negotiations, US labour market data and the Bank of Japan’s Tankan survey.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This podcast is n...2025-06-3007 minCommBank Global Economic & Markets Update podcastAussie Weekly - RBA to now cut rates in July and CPI wrap upA benign monthly CPI print for May led us to bring forward our next RBA rate cut forecast to July. Belinda Allen and Harry Ottley from the Australian Economics team run through the details of the change in call as well as deep dive into the CPI print.
Important Information
This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers which can be found at www.c...2025-06-2713 minCommBank Global Economic & Markets Update podcastFX Weekly - Middle East conflict, NATO summit and Bank of Japan policy outlookKristina Clifton and Carol Kong discuss the top influences affecting currency markets this week including the conflict in the Middle East, the annual NATO summit as well as the Bank of Japan’s interest rate outlook.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
No Reliance 2025-06-2308 minCommBank Global Economic & Markets Update podcastAussie Weekly - Labour force down, monthly CPI to goThe labour force survey was broadly a non-event, with the unemployment rate holding steady at 4.1%. The final key data point ahead of the July RBA Board meeting is due next week: the monthly CPI indicator. Belinda Allen and Harry Ottley discuss the key takeaways from this week and preview the upcoming inflation data.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to...2025-06-2014 minCommBank Global Economic & Markets Update podcastFX Weekly - Middle East conflict and central banks meetings can drive currencies this week.
Kristina Clifton and Carol Kong discuss the key influences on currencies this week include conflict in the Middle East and meetings by the US Federal Reserve, Bank of England and Bank of Japan.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
No Reliance ...2025-06-1607 minCommBank Global Economic & Markets Update podcastAussie Weekly - Surveys point to subdued economy ahead of labour force surveyIt was quieter week for Aussie economy data this week with private sector releases dominating. The CommBank HSI as well as updates on business and consumer sentiment continue to point to subdued economic conditions in Australia. Next week, the May labour force survey is in focus.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which...2025-06-1311 minCommBank Global Economic & Markets Update podcastOpportunities and threats from trade diversionKristina Clifton and Carol Kong discuss insights from Kristina’s note on trade diversion
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
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This podcast is not investment research and nor does it purport to make any recommendations. Rather, this podcast is for...2025-06-1209 minCommBank Global Economic & Markets Update podcastFX Weekly - US CPI, UK labour market data and US-China trade talksKristina Clifton and Carol Kong discuss the top influences affecting currency markets this week, including US consumer price index for May, UK labour market data and US-China trade talks.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This podcast is not inve...2025-06-1007 minCommBank Global Economic & Markets Update podcastAussie Weekly - RBA minutes hold the line and GDP disappointsIt was an important week with the RBA minutes and Q1 25 GDP data released. The RBA minutes retained a dovish tone and economic growth disappointed keeping a July rate cut very much in play.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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...2025-06-0613 minCommBank Global Economic & Markets Update podcastFX Weekly - Tariffs, US economic data and central bank meetings will drive currencies this week.In this week’s episode Joseph Capurso and Kristina Clifton discuss the likely drivers of currencies this week including tariffs, US economic data and the European Central Bank and Bank of Canada interest rate announcements.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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...2025-06-0210 minCommBank Global Economic & Markets Update podcastAussie Weekly: April CPI and what to expect for GDPThe week saw the release of the April CPI which showed an unchanged print at 2.4% rather than a fall. Belinda Allen and Stephen Wu discuss why it was stronger than expected and what it means for the RBA. Retail trade disappointed and the building blocks for GDP were also released. Next week all eyes will be on Q1 25 GDP and the RBA Minutes for May.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 12...2025-05-3014 minCommBank Global Economic & Markets Update podcastHigher tariffs on Europe, the Reserve Bank of New Zealand interest rate decision and Canadian GDP data will be important for currencies this week.Kristina Clifton and Carol Kong discuss the top influences on currency markets this week including higher tariffs on Europe, the Reserve Bank of New Zealand interest rate decision and Canadian GDP data.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This podcast...2025-05-2607 minCommBank Global Economic & Markets Update podcastAussie Weekly - RBA delivers dovish cutThe RBA cut the cash rate by 25bp to 3.85% on Tuesday. The post-meeting communication was more dovish than most expected. In this week's podcast, Belinda Allen and Harry Ottley from the Australian Economics team discuss at the decision itself and what it means for the prospect of future rate cuts.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaim...2025-05-2311 minCommBank Global Economic & Markets Update podcastFX Weekly - US government’s credit rating downgrade, G7 meeting and RBA meetingKristina Clifton and Carol Kong discuss the top influences affecting currency markets, including the US government’s credit rating downgrade, the Group of Seven finance ministers meeting and the Reserve Bank of Australia’s policy meeting.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
No Reliance 2025-05-1906 minCommBank Global Economic & Markets Update podcastAussie Weekly: Wages and labour data done, next stop the RBA meetingIt was a big week of data with wages and labour force printing above economist expectations, but in line with RBA forecasts. Belinda Allen and Gareth Aird wrap up the week and then turn their attention to the May RBA Board Meeting. A 25bp rate cut is expected.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaim...2025-05-1617 minCommBank Global Economic & Markets Update podcastUS – China trade war de-escalationJoin CBA’s Head of International and Sustainability Economics, Joseph Capurso, and Currency Strategist and China Specialist, Carol Kong, as they delve into the latest on trade wars and economics.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This podcast is not...2025-05-1524 minCommBank Global Economic & Markets Update podcastFX Weekly - The US CPI and Australian labour market data will be important for the Australian dollar this week.Kristina Clifton and Joseph Capurso discuss the top three influences on the Australian dollar this week including the US CPI, Australian labour market data and US trade developments.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This podcast is not investment...2025-05-1208 minCommBank Global Economic & Markets Update podcastAussie Weekly: What are the economic implications of Labor's election victory?This week, CBA economist Harry Ottley discusses the economic implications of Labor's election victory with Chief Economist Luke Yeaman. Luke takes a deep dive into Labor's economic mandate for the next term, current economic conditions, and key challenges ahead. Senior Economist Stephen Wu then joins the podcast to review this week's key data flow and preview the important week ahead.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast...2025-05-0921 minCommBank Global Economic & Markets Update podcastFX Weekly – Possible trade deals, FOMC and Bank of England meetingsJoseph Capurso and Carol Kong discuss the top influences affecting currency markets this week, including possible trade deals, the Federal Reserve’s meeting and the Bank of England’s meeting.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This podcast is not in...2025-05-0507 minCommBank Global Economic & Markets Update podcastAussie Weekly: Underlying inflation supports a 25bp rate cut in May, but it’s not a done dealThis week, Stephen Wu and Gareth Aird discuss the March quarter inflation numbers and what it means for the upcoming May RBA Board meeting.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This podcast is not investment research and nor does it p...2025-05-0212 minCommBank Global Economic & Markets Update podcastFX Weekly: Softer US economic data will weigh on the US dollar and support the Australian dollar this week.Kristina Clifton and Carol Kong discuss the top three influences on currency markets this week including US economic data, the Australian CPI and the Bank of Japan monetary policy announcement.
Disclaimer:
Important Information
This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This podcast is n...2025-04-2805 minCommBank Global Economic & Markets Update podcastAussie Weekly: Calm before the CPI stormThe S&P Global PMI was the lone domestic release out last week but the week ahead is much busier. The highlight will be the Q1 2025 CPI which CBA Research believe will rubber stamp an interest rate cut in May.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
...2025-04-2709 minCommBank Global Economic & Markets Update podcastAussie weekly: Labour market cooling and RBA says May is an opportune time to revisit policyIt was a quieter week in financial markets. Locally the highlight was the March labour force release showing an unemployment rate of 4.1%. Digging deeper though there are signs the labour market is cooling. The RBA Minutes highlight growing global concerns but local economic data over the next month will be important. The Minutes note May will be an opportune time to revist policy.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”...2025-04-1712 minCommBank Global Economic & Markets Update podcastDecarbonising Buses – Two-Speed Lane?Buses can be categorised into two markets: the public and private markets. In our latest episode, we discuss the drivers and hurdles for bus decarbonisation across both public and private bus segments.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This podcas...2025-04-1410 minCommBank Global Economic & Markets Update podcastFX Weekly – Tariffs, potential Chinese policy stimulus, ECB and BoC meetings.Kristina Clifton and Carol Kong discuss the top influences affecting currency markets this week, including US tariffs, potential policy stimulus announcement from China as well as monetary policy decisions from the European Central bank and the Bank of Canada.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearc...2025-04-1408 minCommBank Global Economic & Markets Update podcastAussie Weekly: Tariff volatility, household spending and labour market previewAnother volatile week in global markets. The team breaks down the four reasons why President Trump is pursuing tariffs and the impact on Australia. Stephen Wu and Belinda Allen also discuss the latest CBA Household Spending Indicator for March and how rising global uncertainty could be a headwind for the predicted consumer recovery. Finally it is labour force week and after a soft print in February we preview what we expect to happen.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business di...2025-04-1317 minCommBank Global Economic & Markets Update podcastFX Weekly - Tariff news will continue to impact on currenciesKristina Clifton and Carol Kong discuss the top influences on the Australian dollar this week including tariff news, US economic data and the Reserve Bank of New Zealand monetary policy announcement.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This podcast is n...2025-04-0707 minCommBank Global Economic & Markets Update podcastAussie Weekly: RBA leaves cash rate on hold amid global uncertaintyIt was a wild week in global markets. The RBA left the cash rate on hold on Tuesday, but the news was quickly swamped by news of President Trump's so called 'reciprocal tariffs' on Thursday morning Sydney time. Amongst all this, there was a string of local economic data in Australia. In this week's podcast, Senior Economist Belinda Allen and Economist Harry Ottley sit down to make sense of a very busy week.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Comm...2025-04-0614 minCommBank Global Economic & Markets Update podcastFX Weekly – ‘Liberation Day’ tariffs, US payrolls and RBA meetingKristina Clifton and Carol Kong discuss the top influences on currencies this week, including President Trump’s ‘Liberation Day’ announcement of a new tariff regime, US economic data and the Reserve Bank of Australia’s policy decision.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
No Relianc...2025-03-3106 minCommBank Global Economic & Markets Update podcastAussie Weekly: Good signs on inflation ahead of RBA meetingStephen Wu and Gareth Aird first discuss last week’s February CPI numbers and the Budget. Of the two, the weaker-than-expected CPI indicator has more bearing on near-term monetary policy, including the April RBA Board meeting. But the RBA is unlikely to see the inflation data as sufficient, nor the recent data flow as conclusive enough for an April rate cut. Gareth highlights the importance of the RBA post-decision messaging.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwea...2025-03-3015 minCommBank Global Economic & Markets Update podcastBudget 2025-26The 2025-26 Federal Budget was delivered last night by Treasurer Dr Jim Chalmers. In this Podcast, Chief Economist Luke Yeaman and Senior Economist Belinda Allen take our listeners through all the key points from the Budget.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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2025-03-2609 minCommBank Global Economic & Markets Update podcastFX Weekly – New US tariff regime will drive currencies in coming weeks or monthsIn this week’s podcast, Kristina Clifton and Carol Kong discuss President Trump’s announcement of a new tariff regime and what it means for currencies. Financial markets will also closely watch economic data releases this week, including US consumer confidence, US personal consumption expenditures index and Australia’s CPI indicator.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR...2025-03-2406 minCommBank Global Economic & Markets Update podcastAussie Weekly: Labour force lottery strikes again ahead of Federal Budget and CPIThe labour force survey was an unusual set of numbers last week, headlined by a large fall in employment. The Federal Budget will be handed down this week but CBA are of the view there won't be too much in the way of new announcements. The Monthly CPI Indicator is also due and it could be critical in determining the RBA's next move. In this week's podcast, Harry Ottley and Belinda Allen take a deep drive on the upcoming Federal Budget, try to make sense of the labour force data and preview the February Monthly CPI data.
...2025-03-2313 minCommBank Global Economic & Markets Update podcastFX Weekly: Currencies can react to Germany’s fiscal package and the US Federal Reserve and Bank of Japan monetary policy meetings this week.Kristina Clifton and Carol Kong discuss the top influences on currencies this week including the approval of Germany’s fiscal package and the US Federal Reserve and Bank of Japan monetary policy meetings.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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Th...2025-03-1706 minCommBank Global Economic & Markets Update podcastAussie weekly: CommBank HSI for February lacklustre, labour market data up nextA quieter week locally but Belinda Allen and Harry Ottley deep dive into the CommBank Househould Spending Insights for February as well as the latest business and consumer surveys. Labour market data is up next and they also discuss the aluminium and steel tariffs imposed on Australia by the US.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR...2025-03-1615 minCommBank Global Economic & Markets Update podcastFX Weekly – Fiscal plans in Europe, US CPI, Bank of Canada meeting and Japan’s ‘Shunto’Kristina Clifton and Carol Kong discuss the key drivers for currencies this week including the fiscal plans in Europe, the US consumer price index for February, the Bank of Canada’s policy meeting and Japan’s Shunto wage negotiations.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.a...2025-03-1007 minCommBank Global Economic & Markets Update podcastAussie Weekly: Australian economic growth picks up and hawkish RBA minutesThe December quarter National Accounts revealed the economy grew by 0.6%/qtr, but the detail shows private sector momentum was weaker. Gareth Aird and Stephen Wu also discuss the hawkish RBA Minutes, where the RBA has gone out of their way to not give forward guidance.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be f...2025-03-0918 minCommBank Global Economic & Markets Update podcastFX Weekly - Tariffs and Chinese stimulus will be important for currencies this weekKristina Clifton and Carol Kong discuss the key drivers for currencies this week including potential additional tariffs on Canada, Mexico and China, the European Central Bank’s interest rate decision and China’s “Two Sessions” meetings.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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2025-03-0307 minCommBank Global Economic & Markets Update podcastAussie Weekly: January CPI unchanged and big data week aheadLast week the January CPI Indicator was unchanged at 2.5%/yr against expectations of a lift. Stephen Wu and Belinda Allen discuss the details and the implications for the RBA. This week we are spoilt for choice data wise, December quarter GDP and consumer spending for January will be the focus.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full...2025-03-0214 minCommBank Global Economic & Markets Update podcastFX Weekly: US PCE, Aussie CPI and German electionCarol Kong and Joseph Capurso discuss the top influences affecting currency markets this week, including the US personal consumption expenditures index for January, the Australian consumer price index for January and the German election.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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2025-02-2409 minCommBank Global Economic & Markets Update podcastAussie Weekly: RBA cuts cash rate to 4.10%Last week, the Reserve Bank of Australia cut the cash rate target by 25 basis points to 4.10%. Following this, key data on wages and unemployment was released in one of the biggest weeks for the Australian economy in a long time. In this week’s podcast, Economist Harry Ottley and Senior Economist Belinda Allen take a deep dive into the decision itself, as well as the barrage of communication from the RBA following it. They also analyse the labour market data released last week and preview a quieter week ahead.
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Before lis...2025-02-2313 minCommBank Global Economic & Markets Update podcastFX Weekly: RBA, RBNZ and more tariff announcementsCarol Kong and Kristina Clifton discuss the top influences affecting currency markets this week, including the Reserve Bank of Australia’s meeting, the Reserve Bank of New Zealand’s meeting and US tariffs.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This...2025-02-1705 minCommBank Global Economic & Markets Update podcastAussie Weekly: RBA to cut rates before jobs and wages dataCBA expects the RBA to deliver a 25bp cut at its February meeting. Financial markets also anticipate such an outcome. Gareth Aird, Head of Australian Economics, and Stephen Wu, Senior Economist, discuss why the RBA will cut the cash rate on Tuesday but are unlikely to commit to further cuts just yet. Plus, what to expect from the January labour force survey and the Q4 24 wages data.
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Before listening to this podcast, you are advised to read the full Global Economic & Markets Research (GEMR) disclaimers, which can be found at www.commbankresearch...2025-02-1612 minCommBank Global Economic & Markets Update podcastFX Weekly: Tariff announcements can weigh on the Australian dollar this weekKristina Clifton and Carol Kong discuss the key influences on currency markets this week. Tariff announcements could push the Australian dollar lower. Markets will also watch FOMC Chair Powell’s testimony to Congress and the US CPI for January.
Disclaimer:
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.co...2025-02-1006 minCommBank Global Economic & Markets Update podcastAussie Weekly: Spending data picks upThere was a steady stream of data out last week including retail trade and the ABS monthly household spending indicator (MHSI). Overall, the spending data was stronger than we expected for the final quarter of last year but it shouldn't have too much of an impact on the February RBA Board meeting. This week, there we will release our CommBank HSI and there will be an update on business and consumer sentiment, but market focus is squarely on the February RBA Board meeting.
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Before listening to this podcast, you are ad...2025-02-0910 minCommBank Global Economic & Markets Update podcastFX Weekly – Tariffs, Bank of England meeting and NZ labour market dataCarol Kong and Kristina Clifton discuss the top influences affecting currency markets this week, including US tariffs, the Bank of England’s policy meeting and New Zealand’s Q4 24 labour market data.
Disclaimer:
Important Information
This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This podcast is...2025-02-0306 minCommBank Global Economic & Markets Update podcastAussie Weekly: CPI greenlights RBA interest rate cutThe Q4 24 CPI data was a welcome set of numbers and in our view, greenlights an interest rate cut from the RBA later this month. In this week's podcast, Economist Harry Ottley and Senior Economist Stephen Wu take a closer look at the CPI data and the implications for the RBA, and preview the spending data coming out this week.
2025-02-0211 minCommBank Global Economic & Markets Update podcastSustainable Economics: Lowering truck emissions - limited today, promising futureTrucks contribute to 27% of road transport emissions although being only 3% of vehicles in Australia. Despite low uptake of low-emission vehicles in Australia and globally, logistics and freight corporates are leading the way with various electric truck trials. In this episode, John Oh, Sustainable Economist, and Joseph Capurso, Head of International and Sustainable Economics, sit down to discuss the opportunities and challenges with decarbonising trucking.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945...2025-01-3014 minCommBank Global Economic & Markets Update podcastFX Weekly - Tariffs, the Australian CPI and central banks announcements can drive currencies this weekKristina Clifton and Carol Kong discuss the major influences on the currencies this week including tariff news, Australian inflation data and several central bank interest rate announcements.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
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This podcast is not investment res...2025-01-2808 minCommBank Global Economic & Markets Update podcastAussie Weekly: All eyes on Q4 24 CPIWhile President Trump continues to dominate world news and global markets, the domestic focus this week will be on the critical Q4 2024 CPI data which could make or break the case for a February rate cut. In this week's podcast, Economist, Harry Ottley and Senior Economist, Stephen Wu take a deep dive on what we are expecting when the data prints at 11:30am Wednesday Sydney time.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia A...2025-01-2710 minCommBank Global Economic & Markets Update podcastThe Australian economy in 2025The outlook for the Australian economy looks brighter in 2025 driven by expected interest rate reduction by the Reserve Bank of Australia. In our latest podcast the Australian Economics team deep dives into the outlook for growth, the labour market, inflation, wages, investment and housing.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers which c...2025-01-2135 minCommBank Global Economic & Markets Update podcastFX Weekly – President Trump’s inauguration, NZ CPI and Bank of Japan’s meetingCarol Kong and Kristina Clifton discuss the top influences on currency markets this week including President Trump’s inauguration, New Zealand’s Q4 24 CPI and the Bank of Japan’s policy meeting.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
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This podcast is no...2025-01-2006 minCommBank Global Economic & Markets Update podcastCommBank Household Spending Insights December 2024The choppy holiday spending period continued in December with a fall of 1.8% in the month in the CommBank Household Spending Insights series. This fall followed gains in October and November. Four categories fell in the month with Household goods recording the largest fall. Stephen Halmarick, Chief Economist and Belinda Allen, Senior Economist dive into the details of the HSI as well as the outlook for spending in the latest podcast.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwe...2025-01-1410 minCommBank Global Economic & Markets Update podcastFX Weekly - US CPI and Australian labour force data will be important for the Australian dollar this weekKristina Clifton and Joseph Capurso talk about the top three influences on currency markets this week including the US CPI, Australian labour force data and China’s fourth quarter GDP which will tell us if the Chinese authorities met their 2024 economic growth target of ‘around 5%’.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found a...2025-01-1308 minCommBank Global Economic & Markets Update podcastAussie Weekly: A very good inflation report to start the yearIn this week’s episode – the first for 2025 – Stephen Wu and Harry Ottley discuss last week’s November inflation report and why it’s positive news for the Australian inflation story. They also dive into the various spending measures and cover what to look out for in this Thursday’s jobs report.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full G...2025-01-1215 minCommBank Global Economic & Markets Update podcastAussie Weekly: RBA pivots dovish before shock fall in unemployment rate pares rate cut hopesIt was a wild week for Australian financial market participants. The much-awaited dovish pivot from the RBA Board arrived on Tuesday with both the statement and post-meeting press conference striking a more optimistic tone on inflation and the outlook for policy. But this renewed market optimism around the prospect of a February rate cut took a hit when the unemployment rate fell to 3.9% in data out on Thursday. In our final Aussie Weekly of the year, Senior Economist Stephen Wu and Economist Harry Ottley discuss the developments from last week and their implications, and briefly preview the light data...2024-12-1516 minCommBank Global Economic & Markets Update podcastCommBank Household Spending Insights November 2024Black Friday sales saw a lift in the CommBank Household Spending Insights in November 2024. The HSI rose by 1.3%/mth led by Household goods. Stephen Halmarick, Chief Economist and Belinda Allen, Senior Economist dive into the details in this podcast and discuss the outlook for December and 2025 given the interest rate outlook.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full G...2024-12-1111 minCommBank Global Economic & Markets Update podcastFX Weekly: US CPI and central bank announcements will be important for currenciesKristina Clifton and Joseph Capurso discuss the top influences on currency markets this week including the US CPI, Australian labour market data and three central bank interest rate announcements.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
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Information in this podcast is of a...2024-12-0910 minCommBank Global Economic & Markets Update podcastAussie Weekly: GDP recap and RBA previewA busy week locally with the Q3 24 GDP data. Gareth Aird, Head of Australian Economics and Belinda Allen, Senior Economist dive into the weak result and discuss the consumer spending component of the data given its importance. Another busy week looms with the RBA Board meeting and November labour force data.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full G...2024-12-0816 minCommBank Global Economic & Markets Update podcastFX Weekly: US labour market data, Australian GDP and French politics to impact currencies this weekIn this week’s episode Kristina Clifton and Joseph Capurso discuss the top influences on currency markets this week, including US labour market data, Australian GDP and political uncertainty in France.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This podcast is no...2024-12-0208 minCommBank Global Economic & Markets Update podcastEconomics Weekly – Monthly CPI showing positive signs ahead of Q3 24 GDPIn this week’s podcast, Senior Economist Stephen Wu and Economist Harry Ottley take a close look at the monthly CPI data from last week, with mostly good news to report. They also talk through the RBA Governor’s speech at the CEDA Annual Conference. They then turn to the week ahead and preview the all important Q3 24 National Accounts.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening...2024-12-0115 minCommBank Global Economic & Markets Update podcastMandatory climate reporting in 2025 – the what, the why, and so what?In 2025, mandatory climate reporting will be introduced and phased in over three years, impacting approximately 4,000 – 5,000 of the largest entities in Australia. In this episode, Commonwealth Bank’s sustainability economist, John Oh, sit down with Dennis Voznesenski to breakdown what climate reporting is, why mandatory climate reporting is being introduced, and whether the impact will be positive for reducing emissions in Australia.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before liste...2024-11-2709 minCommBank Global Economic & Markets Update podcastGlobal economy enters 2025 under cloud of uncertaintyKristina Clifton and Joseph Capurso discuss the outlook for the major economies in 2025, and expectations for central bank interest rates.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This podcast is not investment research and nor does it purport to make an...2024-11-2713 minCommBank Global Economic & Markets Update podcastTax cuts and tax hikes: Make America Uncompetitive Again?It’s been three weeks since the re-election of President Donald Trump. Two key proposed taxation policies have been increased tariffs and increased tax cuts for businesses and consumers that will be likely be implemented in 2025 and 2026, respectively. To put all of this into context, Joseph Capurso, Head of International and Sustainable Economics, and John Oh, Sustainable Economist sit down to discuss CBA’s latest view on the implications of these policies for the FOMC in 2025 and 2026.
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This podcast is approved and distributed by Global Economic & Markets Res...2024-11-2613 minCommBank Global Economic & Markets Update podcastFX Weekly - Updates from the US Federal Reserve and Reserve Bank of New Zealand will be important for currencies this week.In this week’s episode Kristina Clifton and Joseph Capurso discuss the top influences on currency markets this week including the Federal Reserve’s meeting minutes, the US PCE deflator, the Australian October CPI and the Reserve Bank of New Zealand’s interest rate decision.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at...2024-11-2507 minCommBank Global Economic & Markets Update podcastEconomics Weekly: RBA Minutes a puzzle and monthly CPI previewBelinda Allen and Stephen Wu reflect on last week’s RBA Board meeting minutes which created some confusion over the interest rate outlook. In particular the minutes noted the RBA is forward looking but at the same time noting they need to see more than one ‘good CPI print (CPI is a lagging indicator). They also preview the October monthly CPI where an unchanged headline rate of inflation is expected to print at 2.1%/yr.
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Before listening to this podcast, you are advised to read the full Global Economic & Markets Research (GEMR...2024-11-2410 minCommBank Global Economic & Markets Update podcastHow could President Trump and tariffs impact the Australian economy?In a special podcast episode Belinda Allen and Stephen Wu deep dive into how the Australian economy could be impacted by a potential escalation in a trade war. In short the direct impact from US tariffs should be limited, but the indirect impact from a slowdown in China could be larger. While there remains uncertainty over the timing, size and duration of tariffs, there are mitigating factors that could help Australia. These include budget support in China, a flexible Australian dollar and easing in monetary and fiscal policy in Australia.
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B...2024-11-2209 minCommBank Global Economic & Markets Update podcastFX Weekly – FX intervention in Japan getting closerIn this week’s podcast, Kristina Clifton and Carol Kong discuss the ongoing capital flows into US dollar assets, the UK CPI and the possibility of FX intervention in Japan.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This podcast is not...2024-11-1806 minCommBank Global Economic & Markets Update podcastEconomics Weekly: Labour and wages data create a puzzleStephen Wu and Belinda Allen deep dive into last week’s labour market and wages data. Softer wages growth but an unchanged unemployment rate hints there is more capacity in the labour market then the data suggests. This week is quiet with some RBA speeches and the Minutes out.
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Before listening to this podcast, you are advised to read the full Global Economic & Markets Research (GEMR) disclaimers which can be found at www.commbankresearch.com.au. Information in this podcast is of a general nature only. It does not take int...2024-11-1717 minCommBank Global Economic & Markets Update podcastCommBank Household Spending Insights October 2024The CommBank HSI rose by 0.8% in October on stronger spending on Household goods, Recreation and Communications & Digital. Spending has been choppy in recent months with Utilities spend lower on rebates. Chief Economist, Stephen Halmarick and Belinda Allen, Senior Economist discuss the key insights from the series and what it means for the RBA.
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Before listening to this podcast, you are advised to read the full Global Economic & Markets Research (GEMR) disclaimers, which can be found at www.commbankresearch.com.au. Information in this podcast is of a general nature only. I...2024-11-1111 minCommBank Global Economic & Markets Update podcastFX Weekly - US election news can still drive currency marketsKristina Clifton and Joseph Capurso talk about the key influences impacting on currencies this week including continued news on the US election, Chinese economic stimulus news and Australian and UK labour market data.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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...2024-11-1110 minCommBank Global Economic & Markets Update podcastEconomics Weekly – Will Trump’s win impact the Australian Economy? + RBA on hold ahead of key labour market dataIn this week’s Podcast, Senior Economist Belinda Allen and Economist Harry Ottley from the Aussie economics team break down a wild week in world politics, markets, and the local economic news flow. They discuss if we have changed our view on the Australian economy based on the US election result, as well as the RBA Board’s decision to leave the cash rate on hold last week. Finally, they preview an important week for the Australian labour market with the October labour force survey and Q3 2024 Wage Price Index (WPI) both due.
------ DISCLAIMER...2024-11-1012 minCommBank Global Economic & Markets Update podcastFX Weekly - US election will drive currency markets this weekIn this week’s episode we discuss the key drivers of the Australian dollar this week including the US election, RBA and Federal Reserve interest rate announcements, and the expected Chinese economic stimulus announcement.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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2024-11-0408 minCommBank Global Economic & Markets Update podcastEconomic Weekly: Inflation not falling quickly enough for a rate cut this yearAll eyes were on the Q3 24 CPI data last week. While inflation continues to moderate, the disinflation process is not occurring quickly enough to warrant a rate cut by year end. As a result, we have shifted our base case and now expect the first interest rate cut to arrive in February next year. In this week’s podcast, Head of Australian Economics, Gareth Aird, Senior Economist, Stephen Wu and Economist, Harry Ottley discuss the inflation data in detail and outline why we pushed back our expectations for the cutting cycle. They also preview this week’s RBA Board meet...2024-11-0317 minCommBank Global Economic & Markets Update podcastFX Weekly – Key economic data in Australia and the US to drive currencies, more volatility ahead for the Japanese yenIn this episode, Carol Kong and Kristina Clifton talk through the key economic data in Australia and the US that can drive currencies this week. They also discuss their expectations for the Japanese yen given the Bank of Japan’s policy meeting and political uncertainty.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found...2024-10-2809 minCommBank Global Economic & Markets Update podcastEconomics Weekly: All eyes on CPI and spend dataAfter a quiet weekly locally the data flow ramps up with the release of the important September quarter inflation figures. Senior Economists Belinda Allen and Stephen Wu deep dive in the expectations for the Q3 24 CPI and what it means for the RBA. Retail trade data and the ABS HSI measure is released for September and can partially settle the debate about the consumer response to the income tax cuts. A full read though will have to wait to the Q3 24 National Accounts.
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Before listening to this podcast, you are a...2024-10-2715 minCommBank Global Economic & Markets Update podcastFX Weekly - US election getting closer, Bank of Canada could deliver a large cut this weekKristina Clifton and Joseph Capurso discuss the top three influences impacting currency markets including the upcoming US election, interest rate differentials which have moved in favour of the Australian dollar, and the Bank of Canada’s interest rate decision this week.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankr...2024-10-2109 minCommBank Global Economic & Markets Update podcastEconomics Weekly – Strong employment growth reduces odds of near-term rate cutThe strength of the labour market continues to surprise. In this week’s podcast, Economist Harry Ottley and Senior Economist, Belinda Allen discuss the recent strength in the Australian labour market and outline the implications for the RBA. They also talk through some of the thematic research the Aussie economics team published last week on inflation, rents and population.
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Before listening to this podcast, you are advised to read the full Global Economic & Markets Research (GEMR) disclaimers which can be found at www.commbankresearch.com.au. Information in this podcast is...2024-10-2015 minCommBank Global Economic & Markets Update podcastGlobal Economics - Interest rate cuts to improve global economic outlook in 2025The global interest rate cut cycle has started. And there are many more interest rate cuts ahead across most major economies. CBA’s view is that the interest rate cuts will improve global economic outlook in 2025. In the latest podcast, Joseph Capurso, Head of International and Sustainable Economics, and John Oh, Sustainable Economist sit down to discuss CBA’s latest view and breakdown developments across the major economies.
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Before listening to this podcast, you are advised to read the full Global Economic & Markets Research (GEMR) disclaimers which can be found at www.co...2024-10-1521 minCommBank Global Economic & Markets Update podcastCommBank Household Spending Insights September 2024The CommBank HSI fell by 0.7% in September as consumers pulled back spending after the Father’s Day boosted splurge in August. Stephen Halmarick, Chief Economist and Harry Ottley, Economist discuss the all the key takeaways from the September HSI in today’s podcast.
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Before listening to this podcast, you are advised to read the full Global Economic & Markets Research (GEMR) disclaimers, which can be found at www.commbankresearch.com.au. Information in this podcast is of a general nature only. It does not take into account your objectives, financial situation or ne...2024-10-1509 minCommBank Global Economic & Markets Update podcastFX Weekly - Chinese stimulus disappoints marketsIn this week’s episode Kristina Clifton and Joseph Capurso discuss the top influences on currency markets this week including Chinese fiscal stimulus, Australian labour market data, the NZ CPI and the ECB’s interest rate announcement.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
No Rel...2024-10-1408 minCommBank Global Economic & Markets Update podcastEconomics Weekly – Less hawkish RBA minutes, labour market in focusIn this weeks podcast, Head of Australian Economics, Gareth Aird and Economist Harry Ottley talk through the RBA’s less hawkish communication from last week and touch on the private sector surveys that were released. They then move on to preview this week, with the September labour force survey in focus.
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Before listening to this podcast, you are advised to read the full Global Economic & Markets Research (GEMR) disclaimers which can be found at www.commbankresearch.com.au. Information in this podcast is of a general nature only. It does not...2024-10-1315 minCommBank Global Economic & Markets Update podcastFX Weekly - Middle East conflict can weigh on the Australian dollarIn this week’s episode Kristina Clifton and Joseph Capurso discuss the top three influences impacting on currencies markets including Middle East conflict, potential fiscal stimulus from China and the Reserve Bank of New Zealand’s interest rate decision.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.co...2024-10-0807 minCommBank Global Economic & Markets Update podcastEconomics Weekly: Retail trade jumps ahead of RBA communication spreeIn this weeks podcast, Stephen Wu and Harry Ottley talk through the current crosscurrents in the spending data in Australia and explain why the date of fathers day likely boosted the August retail trade figure. They also break down the other economic data from last week and preview a busy upcoming week of communication from the RBA.
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Before listening to this podcast, you are advised to read the full Global Economic & Markets Research (GEMR) disclaimers which can be found at www.commbankresearch.com.au. Information in this podcast is...2024-10-0615 minCommBank Global Economic & Markets Update podcastFX Weekly - The US labour market is focus this week, further Chinese economic stimulus could support AUDKristina Clifton and Joseph Capurso discuss the top there influences on currencies this week including US labour market data, the possibility of more Chinese economic stimulus and the new Prime Minister in Japan.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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2024-09-3008 minCommBank Global Economic & Markets Update podcastEconomics weekly: RBA and August CPI deep diveLast week the RBA held rates and the August monthly CPI dipped to 2.7%/yr, both as expected. Belinda Allen and Stephen Wu from the Australian Economics team deep dive into the RBA meeting, including a less hawkish press conference as well as the broadening disinflation trend in the August data. Stephen also discusses how the energy rebates will impact household consumption over the third quarter, how this differs to RBA forecasts and the upcoming retail trade data.
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Before listening to this podcast, you are advised to read the full Global E...2024-09-2916 minCommBank Global Economic & Markets Update podcastThe PBoC offers the Chinese economy a helping handIn this podcast, Kristina Clifton sits down with Carol Kong to talk through all the stimulus measures announced by the Chinese authorities this week and their implications for the Chinese economy. We continue to expect the government will deliver more fiscal stimulus soon. The risk remains China’s economic growth will undershoot our forecast of 4.9% this year if our expected fiscal stimulus fails to materialise. But economic growth in 2025 may be stronger than we forecast if a big budget package is released.
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Before listening to this podcast, you are advised to read...2024-09-2707 minCommBank Global Economic & Markets Update podcastFX Weekly - RBA in focus this weekKristina Clifton and Joseph Capurso discuss the US inflation, and the RBA and PBoC’s interest rate decisions, and the likely impact on the Australian dollar.
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This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This podcast is not investment research...2024-09-2308 minCommBank Global Economic & Markets Update podcastLabour market remains resilient ahead of RBA Board meeting, CPI dataThis week, Stephen Wu, Senior Economist and Harry Ottley, Economist discuss last week’s Aussie labour market data and explain how it was the trigger to push back CBA’s forecast for interest rate relief. They also look ahead and preview the RBA Board meeting and monthly CPI data this week.
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Before listening to this podcast, you are advised to read the full Global Economic & Markets Research (GEMR) disclaimers which can be found at www.commbankresearch.com.au. Information in this podcast is of a general nature only. It does not t...2024-09-2212 minCommBank Global Economic & Markets Update podcastFX Weekly - The US Federal Reserve will begin their cutting cycle this weekThis week Kristina Clifton and Joseph Capurso discuss the three major central bank meetings and impacts on currency markets.
Disclaimer:
Important Information
This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commbankresearch.com.au.
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This podcast is not investment research and nor does it purport to make any recomm...2024-09-1608 minCommBank Global Economic & Markets Update podcastEconomics Weekly: Weak survey data but all eyes on August labour market dataIn the Australian Economics Weekly podcast, Gareth Aird, Head of Australian Economics and Belinda Allen, Senior Economist reflect on the weak consumer and business sentiment surveys released past week. Particularly the price signals from the business survey bode well for the inflation outlook. All eyes will be on the August labour market data released this week. We expect the unemployment rate to lift to 4.3% which would reinforce our rate cut call by the RBA before the end of the year.
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Before listening to this podcast, you are advised to read t...2024-09-1512 minCommBank Global Economic & Markets Update podcastCommBank Household Spending Insights August 2024An early Father’s Day saw a lift in spending in August. The CommBank Household Spending Insights Index rose by 1.8%/mth with gains in spending on Household goods and Hospitality. Stephen Halmarick, Chief Economist and Belinda Allen, Senior Economist discuss the results in this latest podcast. Education spending also rose while Utilities spend fell due to government rebates. Annual growth remains soft at 3.7%/yr and we expect interest rate relief will be needed to boost consumer spending.
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Before listening to this podcast, you are advised to read the full Global Eco...2024-09-1210 minCommBank Global Economic & Markets Update podcastFX Weekly - US inflation, ECB monetary policy and Chinese economic dataIn this week’s episode Kristina Clifton and Joseph Capurso discuss the top three influences affecting currency markets, including the consumer price index in the US, the Chinese economic data dump for August, and the European central bank’s monetary policy announcement.
Disclaimer:
Important Information
This podcast is approved and distributed by Global Economic & Markets Research (“GEMR”), a business division of the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (“the Bank”).
Before listening to this podcast, you are advised to read the full GEMR disclaimers, which can be found at www.commb...2024-09-0909 minCommBank Global Economic & Markets Update podcastEconomics Weekly: Deep dive in June quarter GDPThis week Belinda Allen and Stephen Wu deep dive in the June quarter GDP data. A soft result overall with growth of just 0.2% for the quarter and just 1% for the year. Weak consumption, strong public demand are discussed as well as the latest on household incomes, savings and productivity growth. A quiet week ahead locally with survey data out and also the CommBank Household Spending Insights data for August.
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Before listening to this podcast, you are advised to read the full Global Economic & Markets Research (GEMR) disclaimers which can be f...2024-09-0814 minCommBank Global Economic & Markets Update podcastEconomics Weekly: July CPI wrap up and GDP preview
This week Belinda Allen, Stephen Wu and Gareth Aird deep dive into the July CPI data as well as the upcoming June quarter GDP data. Stephen notes disinflation broadened in July, beyond the electricity rebates. July retail trade was soft given the start of income tax cuts. While Gareth discuss the June quarter GDP print which should show continued modest growth in the Australian economy.
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Before listening to this podcast, you are advised to read the full Global Economic & Markets Research (GEMR) disclaimers which can be fou...2024-09-0113 minCommBank Global Economic & Markets Update podcastFX Weekly - The US labour market is front and centre this weekIn this week’s episode Kristina Clifton and Joseph Capurso discuss the top three influences affecting currency markets: Australian GDP data, a series of US labour market reports and the Bank of Canada interest rate decision.
Disclaimer:
Important Information
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No Reliance ...2024-09-0106 minCommBank Global Economic & Markets Update podcastElectrifying business car fleets: Exploring three pathways to decarbonisationElectrifying Australian cars have involved the uptake of various low-emission technologies ranging from hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), and battery electric vehicles (BEVs). In the latest podcast, Joseph Capurso, Head of International and Sustainable Economics, and John Oh, Sustainable Economist sit down to discuss the themes of electrification in Australia’s car market. Looking to the future, they identify the different ways in which the supply of electric vehicles could help meet demand preferences for various buyers in Australia.
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Before listening to this podcast, you are advis...2024-08-2815 min