Economy Watch

US durable goods orders drop sharply. New house sales rise. Canada's GDP growth weakens. China cuts tariffs, some below MFN levels. Equity markets quiet globally. Aussie personal credit growth turns negative.

US Fed expands balance sheet fast with more liquidity support for Wall Street. US data generally positive. China chases RCEP trade deal. Honk Kong sees capital flight. Australian fires douse GDP growth.

US data lackluster, but Canadian jobs surge. Sweden ditches negative rates on negative side-effects. China and the US add massive financial system liquidity.

US farmers hurting as trade deal and weather bite hard.Canada inflation rising. China infrastructure surge distorts prices, climate. UK audit review groundbreaking.

Dairy prices drop hard. Wall Street hesitant despite good US data. Boeing shuts 737MAX production. The IMF endorses China's 2020 growth forecasts. ASIC hits NAB hard over fees

Wall Street up on trade deal news but US economic fundamentals still modest. China posts much improved key data. Canada housing markets up. EU still stagnating. The Australian budget surplus takes a hit.

The 'phase one' trade deal between China and the US is done, but markets unenthusiastic. US retail sales weak. China FDI strong. The IMF warns Australia on household debt levels.

Expectations of a US-China trade deal rise. US household net worth growth slows sharply. China expects to make 1 bln tonnes of steel in 2020, a big rise. More Chinese corporate bond defaults. ECB unchanged, Lagarde optimistic. UK voting underway.

The US Fed holds unchanged, but the US Federal Budget deficit raced higher to be double the level it was when the current Administration came to power. US inflation rises and US real wages stagnate.Australian consumer sentiment drops. And Australia suffers an embarrassing loss at the WTO on how it levies tariffs.

US productivity drops as Congress agrees to updated NAFTA conditions. China inflation jumps on food prices while PPI falls. New bank loans rise quickly. Canada imposes higher bank capital buffers.