Published: Thu, 26 May 2016 05:18:10 GMT
Brent and WTI continue to look structurally strong with the former now above $50 per barrel. Meanwhile, Gold and Silver remain under pressure with Gold seemingly on its way to $1200
Published: Thu, 26 May 2016 03:47:00 GMT
Private capital expenditure (Capex) has contracted notably 5 of the last 6 quarters, making RBA's GDP outlook vulnerable to a downside revision alongside their inflation forecast.
Published: Thu, 26 May 2016 00:51:09 GMT
Both the manufacturing and service PMI reads this week played their part in dragging the composite lower, with the US seemingly on the cusp to reverting to a broad industry contraction.