NBR Radio: Macroeconomic weekly round up
Jason Walls provides a wrapup of the week's macroeconomic news and events on NBR Radio, and on-demand on MyNBR Radio.
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Join Jason Walls as he gives his analysis of some of the week’s macroeconomic news on NBR Radio, and on demand on MyNBR Radio.
Indonesian GDP: Numbers were down again as the economy shrank for the second straight quarter.
“This was after government spending and exports dropped for the second straight quarter – it was forecasted to grow at 4.9%, but it came in at just 4.7%.”
The UK’s rise in service growth: A report outlined services on the rise in the UK, the biggest part of their economy.
“Usually this would be quite interesting but it’s more important now because we’re on the eve of the UK elections.”
Good news and bad from Greece: The Greeks made their €200 million interest payment but still have €750 million due to pay next week.
“They are looking to scrape together all the capital they can to repay all these loans.”
Australia cut its interest rates: This week we saw the Reserve bank of Australia drop rates by 0.25%.
“This was not a shock, in February the RBA shocked the markets by unexpectedly cutting rates. But everyone saw this rate cut coming.”
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NBR Radio
Fri, 08 May 2015
Fri, 08 May 2015
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NBR Radio: Macroeconomic weekly round up
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