cover of episode 206 - Oil price swings, China stimulus fallout, RBA minutes, and consumer confidence.

206 - Oil price swings, China stimulus fallout, RBA minutes, and consumer confidence.

2024/10/10
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The Dismal Science

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Another week, another economic roller coaster.   Join Mark and Raph to discuss the recent volatility in oil prices, driven by factors including the Israel-Iran conflict and speculation about Chinese stimulus measures. We then unpack the latest RBA minutes, analysing the central bank's current thinking on interest rates and its assessment of the economic outlook. Have they made a dovish turn? Finally, we take a look at the latest consumer and business confidence figures. Are Australians feeling more optimistic about the economy? Well, as usual these days, the story is mixed... If you'd like to give us feedback, feel free to email us at: [email protected]) And for a deeper dive, read Mark's weekly columns here.)