Economy Watch

US sidelined in WTO. Factories lack orders. GDP drops alarmingly. USTreasury flood swamps markets. China internal tourism rises, but so does labour trouble. Gold and oil firmer.

More massive US job losses. Major falls in US consumer spending. Sharp factory cutbacks. More Fed and fiscal action. China's PMIs stall. ECB to pay banks to lend. Gold down, oil up.

The US economy shrinks. The Fed stays its course. Job losses grow. Air travel collapses. ASIC tells banks income levels may not return. Oil up, gold down. Bitcoin leaps

US data releases all very negative. Global aircargo capacity shrinks. China electricity consumption falls. China gold demand falls. Aussie consumer confidence stops falling. Gold and oil lower

US manufacturing declines. SME support wobbles. Aircraft makers fight to survive. China profits dive. China bank bailouts dodgy. ACCC tackles mortgage pricing. Gold and oil prices fall.

Covid-19 infections rise worldwide. China struggles to restart its economy. many countries subsidise wages. Massive stimulus occurs everywhere. Gold up, oil down.

American jobless levels soar. More big US fiscal support. US PMI's crash. EU PMIs worse. Japan PMIs worse still. Aussie PMIs very bad. Oil and gold prices move up.

Supply chains start to freeze up. China steel mills under stress. ECB reveals limited options. Turkey cuts rates again. Oil and gold prices rise.

Dairy prices lower. Wall Street sinks. US housing markets retreat. China tax revenues shrink, SOE profits dive. Australian residential rental markets fall, Gold lower.

US oil prices collapse spectacularly. US economic activity dives. Japan's exports sink. China cuts benchmark rates, adds huge stimulus. Hong Kong's credit rating cut, Virgin Australia about to collapse