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Australian PMI Shows Cooling Economy, But Inflation Not Yet Beat

By James Glynn SYDNEY The Australian economy continues to cool quickly with Judo Bank's purchasing managers index for August showing a marked decline. The. ....

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Australia's PMI shows cooling economy, but inflation not yet beat

SYDNEY The Australian economy continues to cool quickly with Judo Bank’s purchasing managers index for August showing a marked decline. The Judo Bank Flash… ....

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Former St. Louis Fed Chief Warns Higher Rates Might Be Needed; Slump in U.S. Home Sales Continues

Former St. Louis Fed Chief Warns Higher Rates Might Be Needed; Slump in U.S. Home Sales Continues By James Christie

Good day. Wall Street overestimated the risk of the U.S. economy falling into. ....

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The Week Ahead: Flash PMIs and Inflation Reports in Focus

A soft US inflation print and further signs of deflation across parts of Asia weighed on the US dollar heading into the weekend, with investors fairly certain that the Fed’s terminal rate will peak at 5.25% with an outside chance of a pause at the next FOMC meeting. This week’s key data points include global flash PMI reports, which will show if price pressures are continuing to recede and if growth potential will be as soft as feared. The ZEW sentiment reports for Europe and Germany always warrant a look. Furthermore, we also have inflation reports for the eurozone, UK, Canada and New Zealand, alongside the release of the RBA minutes. ....

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