Stock Market in Australia

Australia Stock Market | Economic News & Forecasts

Australia - Stock Market

The economy likely took a hit in the third quarter due to the reinstatement of restrictions amid rising Covid-19 infections. Household spending seemed to deteriorate considerably, as suggested by a quicker decline in retail sales, falling employment levels and cooling consumer confidence. Moreover, a slump in business confidence spells trouble for investment. Activity should be regaining steam in the fourth quarter, thanks to a fast vaccine rollout and the easing of restrictions, with vaccinated citizens and residents allowed to enter the country without quarantine from 1 November. However, October saw a month-on-month drop in iron ore exports to China, as the Asian giant’s demand for the metal languished amid steel output curbs. In a bid to diversify export destinations, the country recently joined the Regional Comprehensive Economic Partnership, which will take effect on 1 January.

Australia - Stock Market Data

2015   2016   2017   2018   2019  
Stock Market (annual variation in %)-0.8  7.0  7.8  -7.4  19.1  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Australia Facts

Value Change Date
Bond Yield1.371.47 %Dec 31
Exchange Rate0.700.05 %Dec 31

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form