Adam Carr
Adam Carr
australian bit continue dollar likely path prices resistance
The path of least resistance for the Australian dollar is down. Base-metal prices are likely to continue to come off a bit as inventories rebuild.
australian dollar expect fall increase interest next rates upside week whether
There's little upside for the Australian dollar at these levels. We expect the dollar to fall over the next week or so whether there's an increase in interest rates or not.
classes house people reminded talk talked time whenever
Whenever she's around you're pretty much happy. She'd come over to my house between classes and I'd take her to class. We'd just talk. I told her all the time she reminded me of my sister. There aren't many people I could talk to like I talked to her.
consumer housing labor moderate next slowing strength surprised year
We've been consistently surprised by the strength of the labor market. We still think over the next year it will moderate amid slowing housing and consumer spending.
bank central demand domestic employment expect growth hold labor market people pressure remain year
The labor market will soften this year and that will take pressure off the central bank. Increasingly people expect the bank to remain on hold as domestic demand and employment growth slow.
expected growth looks number third weaker
The inventories number was weaker than expected and suggests they may detract from growth in the third quarter. It looks like GDP is going to be weak for the quarter.
bank high hike looks oil pressure prices rates rise sustained
If it looks like high oil prices will be sustained or even rise further, then it does put the pressure on the bank to hike rates again.
australia economy economy-and-economics resources rest sector split
Australia has a split economy. The resources sector is booming, but the rest of the economy is slowing.