Daily-Wrap

Macro Update:Gold prices slipped on Thursday, pressured by a firmer dollar and fading expectations of a Federal Reserve rate cut in December, as investors awaited a delayed U.S. jobs report. Spot gold dipped 0.1% to USD 4,077.82 per ounce at 04:49 GMT, while U.S. …

Macro Update:Australia’s Wage Price Index (WPI) rose 0.8 per cent in the September quarter of 2025, according to new data from the Australian Bureau of Statistics. Annual wage growth reached 3.4 per cent in the year to September, steady compared with the June quarter …

Macro Update:According to media reports, the Reserve Bank of Australia (RBA) has indicated it would consider cutting interest rates only if there is a significant downturn in the labour market. This cautious stance reflects uncertainty about how current monetary policy settings are impacting the …

Macro Update:U.S. agencies on Friday outlined schedules to release the economic data delayed during the government shutdown, offering markets a clearer timeline for key indicators. At the same time, three Federal Reserve officials repeated concerns about inflation pressures, while the Fed’s most dovish policymaker …

Macro Update:The US stock market, which had been surging to record highs, experienced a sharp and abrupt pullback on Thursday driven by heavy profit-taking in AI-related stocks, and diminishing expectations of an immediate rate cut from the Federal Reserve.

Macro Update:Australia’s labour market showed renewed strength in October, with the seasonally adjusted unemployment rate easing to 4.3%, down from 4.5% in September, according to data from the Australian Bureau of Statistics (ABS). The number of unemployed people fell by 17,000, while employment rose …

Macro Update:The number of new investment housing loans surged 13.6% to 57,624 in the September quarter 2025, marking the highest level since March 2022, according to the Australian Bureau of Statistics (ABS). The increase—equivalent to 6,906 additional loans—reflects a 12.3% rise over the past …