Australia's market mood stays cautious, with the labor market sitting in an unusual spot as real wages slip and cost-of-living pressure weighs on households. Home values have now f
Australia's market mood stays cautious, with the labor market sitting in an unusual spot as real wages slip and cost-of-living pressure weighs on households. Home values have now fallen for a sixth straight month, adding to the sense that tighter policy is working through the economy. The news flow offers little fresh direction, leaving commodity trends and domestic data as the main anchors for sentiment.
Sources
Ezbrisk weighs each event against the market reaction and publishes a verdict with an overreaction reading. How the methodology works