ThreeSixty Research Market Update – August 2018

August 16, 2018


  • US economic growth shot to an annualised 4.1% in the June quarter but the market is questioning whether this is sustainable.

  • The impact of US and Chinese tariffs has been noticeable in Asian export growth but US manufacturing activity is yet to be hit hard.

  • In Australia, the RBA continues to keep rates on hold with tighter credit conditions and lower house prices constraining the household sector.

  • Japan’s economy likely returned to growth in the June quarter, with wage growth helping to alleviate deflationary pressures.

  • The UK is heading towards a ‘hard’ Brexit, with the EU rejecting Prime Minister May’s proposed customs plan.

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