Daily-Wrap

Macro Update:Total household wealth in Australia increased by 3.1% in the September quarter 2025, equivalent to AUD 551.3bn, according to data released by the Australian Bureau of Statistics (ABS). The value of residential land and dwellings rose 2.7%, or AUD 303.7bn, contributing 1.7 percentage …

Macro Update:US unemployment has climbed to its highest level in four years, according to a closely watched jobs report released on Tuesday, though the overall data presents a mixed picture of economic conditions. The unemployment rate rose to 4.6% last month from 4.4% in …

Macro Update:According to the latest data from the Australian Bureau of Statistics (ABS), there were 2,729,648 actively trading businesses in Australia as at 30 June 2025, of which 994,178 were employing businesses. During the 2024–25 financial year, the total number of businesses increased by …

Macro Update:Gold prices climbed to a seven-week high near USD 4,350 on Monday, extending recent gains as expectations grow that the US Federal Reserve could cut interest rates next year. Lower interest rates may reduce the opportunity cost of holding non-yielding assets such as …

Macro Update: The U.S. trade deficit fell to USD 52.8 billion in September, its lowest level in more than five years, as goods exports surged and imports rose modestly following a prolonged data blackout caused by a 43-day government shutdown. The improvement may support …

Sector performance was mixed, with more sectors declining than advancing. Materials were the standout, rising +0.89%. The sector has now gained +1.47% over the past five days. A-REITs and Energy also finished in positive territory, adding +0.66% and +0.58%, respectively. On the downside, Information …

Macro Update:According to the latest release from the Australian Bureau of Statistics, Australia’s economy expanded 0.4% in the September quarter 2025, with flat GDP per person. Investor loans surged 17.6% amid favourable property conditions, while household consumption rose 0.5% on essential spending. Savings increased …