Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
On 26 February, JPMorgan Chase & Co. at its Investor Day became the latest bank to caution that trading revenue would fall in first-quarter 2019, guiding to a year-over-year decline in core trading revenue in the mid-teen-percent range. JPMorgan has one of the world’s largest and most diverse trading operations and therefore may be more … Continue reading “Weak Q1 2019 Trading Revenue Could Impact Global Investment Banks”
The number of dwellings approved in Australia fell by 3.2 per cent in January 2019, in trend terms, according to data released by the Australian Bureau of Statistics (ABS) today. “The trend for the total dwelling approvals series has steadily declined over the past year,” said Justin Lokhorst, Director of Construction Statistics at the ABS. … Continue reading “Dwelling approvals decline in January to lowest level since May 2013”
John Adams and Martin North discuss the latest evidence relating to Australia’s Gold, following recent RBA testimony. The full episode in available on “In The Interests Of The People”. https://youtu.be/LJ8VLvxl-8w What evidence is there to confirm the Gold exists and why is it still in London with the Bank of England? Who should we believe?
I discuss the Irish financial crisis a decade ago with financial writer, adviser and broadcaster Eddie Hobbs, who lived through the crash and commented on the events in Ireland. He wrote and presented a programme on state broadcaster RTE entitled Rip-Off Republic in 2005. There are strong parallels to the current situation in Australia and … Continue reading “A First Hand View From Ireland – Eddie Hobbs”
Domain released their preliminary results for today. Similar trends with last weeks final results giving a national clearance of 47.6%. Preliminary clearance is 54%, with Sydney sitting at 64.5% and Melbourne at 52.7%, with 1,699 listed (compared with 2,409 last year) and 1,072 reported (2,409 last year). So lower volumes are clearance counts. We will … Continue reading “Auction Results 02 Mar 2019”
Welcome to the Property Imperative weekly to the second of March 2019 – our digest of the latest finance and property news with a distinctively Australian flavour. We live in a weird world where the financial markets seem disconnected from the real economy, for example locally home prices data continue to fall, and future … Continue reading “The Impossible Equation – The Property Imperative 02 March 2019”
Fitch Ratings says the recent pattern of trade flows in Asia suggests that the sharp decline in world trade growth in the second half of 2018 was primarily due to the slowdown in domestic demand in China rather than the direct impact of tariffs associated with increased US-China trade tensions. Fitch Ratings latest chart of … Continue reading “Is China’s Domestic Slowdown Driving A Global Trade Slump?”
I discuss the latest from New Zealand with property expert Joe Wilkes, and we look at changes to capital gains, negative gearing and other factors which may impact the market. Some interesting comparisons with the UK and Australian markets too!
I discuss the latest from New Zealand with property expert Joe Wilkes, and we look at changes to capital gains, negative gearing and other factors which may impact the market. Some interesting comparisons with the UK and Australian markets too!
Across the metro area of Sydney, prices of all types of homes combined, according to CoreLogic’s Home Value Index, fell 1.0% in February from January, 10.4% from a year ago, and nearly 13% from its peak in July 2017. Just over the past four months, the index has dropped 5.5%: The volume of closed sales … Continue reading “Home Price Falls Widen In February”
