US Economy

A tale of two tailwinds for Aussie stocks

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Iron ore prices and the outlook for Fed rate hikes have previously caused much market uncertainty, but the winds of change are blowing.

A growth concern won't stop the Fed

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There's nothing in the latest US growth data to delay a Fed rate hike, though the heavy reliance on the household sector leaves little room for error.

US Q2 GDP at 2.3%, misses forecasts

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US growth rebounds less than market expected, but Q1 GDP revised sharply higher.

US weekly jobless claims up by 12,000

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The number of US workers filing for benefits rose last week but labour market is strengthening.

The Fed's finish line is in sight

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The Federal Reserve's first move has great symbolic value, but the timing of its following rate hikes in the next few years will be more meaningful.

Fed offers few hints on lift-off date

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US central bank sees progress in labour market, but wary on inflation as rates remain on hold.

US pending home sales slip in June

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Index falls 1.8%, but remains over 8% clear of corresponding mark from last year.

US consumer confidence surprisingly slips

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Consumer sentiment unexpectedly declines sharply in July as job hopes seen dimming.

US house price growth solid in May

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The US S&P/Case-Shiller Home Price Index rose 4.4% in the year ending in May, a slight rise from the April reading.

US chain-store sales rise in July: Redbook

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National chain-store sales rose 0.1% in the first three weeks of July from the comparable period in June, according to Redbook Research's latest indicator, released on Tuesday.

US durable orders up 3.4% in June

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New orders for durable goods rose 3.4% in June, snapping two months of declines.

The great unknown for global markets

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Amid a sea of market volatility, it remains to be seen whether a Fed rate rise will be a non-event or the catalyst for something more disruptive.

Robb heading to Hawaii for TPP talks

by AAP
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Trade Minister notes advanced stage of talks as 12-country dialogue continues.

Fed releases forecasts early

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Federal Reserve staff economic forecasts inadvertently posted online, hint at slower rates trajectory.

US factory activity growth accelerates

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US factory activity has been expanding at a slightly faster pace in July, a new survey shows

US new home sales dive 6.8% in June

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Sales of newly built single-family homes sank in June, rare dull spot amid surging housing market.

Hey Yellen – about that rate hike ...

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The flurry of positive economic data suggests the Fed should hike rates sooner rather than later, but a couple of factors could delay a move until next year.

US jobless claims fall to lowest in 42 years

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No. of jobless US workers filing for payments drops to lowest since 1973, though July is known for volatility.

US jobless aid applications fall

by AP
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US weekly applications for unemployment aid plummet but seasonal volatility a factor.

A rate hike could thrust US housing into the spotlight

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The housing sector presents both an opportunity and a threat to the health of the US economy.

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