by Mason Stevens | Nov 17, 2020 | Multi-Asset
The world changed last week, and not just because of the US election. Pfizer announced a COVID-19 vaccine that is looking to be over 90% effective in stage 3 clinical trials. The market also knows that many other COVID-19 vaccines are targeting similar treatments, and...
by Mason Stevens | Oct 26, 2020 | Macro & Markets
Monetary policy has become less clear, despite central banks stated desire to promote stability and transparency. It used to be that looking at the RBA’s cash rate target and charting the yields of ASX-listed bank bill futures would provide a reasonable path for...
by Mason Stevens | Oct 22, 2020 | Currency & Cash
Over the last decade, our Australian dollar (AUD) exchange rate has been closely correlated to the relative change in iron ore prices. As iron ore was more highly demanded and bought, our AUD would rally against foreign currencies – all else remaining equal....
by Mason Stevens | Sep 28, 2020 | Macro & Markets
The market is now pricing in a cut to the Overnight Cash Rate (OCR) from 0.25% for the RBA’s October 6th meeting, with potential to change other policy measures as well. Let’s take a look why. The Australian Economy and Monetary Policy RBA Deputy Governor...
by Mason Stevens | Aug 31, 2020 | Macro & Markets
Each year there is a large gathering of economists, financial market participants, academics, US government officials in Jackson Hole, Wyoming (USA), to discuss long-term economic policy issues of mutual concern. All the papers are available online. This year’s...
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