Asena Family Office Australian launch
Asena Family Office today announced its official launch into the Australian market. Until now, Asena has been a US-based business that has almost exclusively targeted an Australian audience with [...]
2021/22 – Giles Wade Budget Summary
Budget Summary 2021/22 As a follow up to last year’s blockbuster ‘pandemic budget’, this year’s Federal Budget was an excellent sequel. Last year’s budget for FY21 was delayed until October [...]
International Communique No.213 – INVESTORS FOCUSING ON FED’S NEXT MOVE
The quarter-point reduction in the Fed Funds’ range to 1.75-2.00% had been widely expected. Instead, investors focused on the guidance by the central bank on future policy moves. Their hopes [...]
International Communique No.212 – BLAME LAID SQUARELY ON IRAN
The large-scale air strike against two oil refineries belonging to Saudi Aramco is a thorny issue for the Trump administration and bad news for the global economy. The output shortfall [...]
International Communique No.211 – HOPES PINNED ON CENTRAL BANKS
Markets are trending upwards and situated not far from all-time highs, fuelled by the prospect of renewed trade talks between the US and China starting in early October. Meanwhile China’s [...]
International Communique No.210 – SEPTEMBER IS HERE
Higher customs duties, whacking USD 125bn of Chinese imports with a 15% tax, became effective as of the 1st. According to China, this measure marks a turning point in the [...]
International Communique No. 209 – WHEN THE TWEETS START TO SQUAWK
The trade tiff between the US and China took a nasty turn last week, overshadowing the meeting of central bankers at Jackson Hole. The Chinese have hit back by imposing [...]
International Communique No. 208 – FED AT THE HELM
Last week the US yield curve – specifically the segment between ten and two-year Treasury bonds – briefly inverted, triggering a wave of panic in equity markets. An inverted yield [...]
International Communique No. 207 – STORM WARNING
Volatility in equity markets worsened last week in response to a string of disappointing economic stats, to the bombshell in Italy that has plunged the government into crisis and to [...]
International Communique No. 206 – CUSTOMS WAR
“Insurance”, to ensure that growth does not splutter mid-cycle: that’s how Fed chair Jerome Powell summed up the 25bp rate cut that he had just announced last Wednesday, pouring cold [...]