Market Outlook in conversation

July 2021 - potential implications of Sydney's lockdown, updated forecasts for US FOMC and Australia's RBA, and commodity prices impressive strength

Episode Summary

This month, chief economist Bill Evans and the team focus on our updated views for the US FOMC and Australia’s RBA. The potential implications of Sydney’s lockdown are also assessed and an in-depth analysis of commodity demand and supply given.

Episode Notes

Key themes discussed this month include:

• Westpac’s updated forecasts for the US FOMC and Australia’s RBA as well as our initial economic assessment of the Sydney lockdown (chief economist Bill Evans)
• The impact of lockdowns through the lens of Westpac’s Card Tracker 9:20 min (Senior Economist Matthew Hassan)
• Australia’s state budgets in recovery 14:30 min (Senior Economist Andrew Hanlan)
• The demand and supply factors driving commodity prices’ impressive strength 17:15 min (Senior Economist Justin Smirk)
• A constructive, pragmatic FOMC and the implications for the US dollar 24:15 min (Senior Economist Elliot Clarke).

Any information provided in this podcast is general in nature and has been prepared without taking into account any personal circumstances.