Westpac Economic Update: 7 November 2014

Westpac Senior Economist Elliot Clarke comments on this week’s weak dwelling approvals contrasting with strong retail sales; the Reserve Bank statement on interest rates and the Australian dollar; as well as the offshore focus on the ECB and impacts on the Euro. Next week’s focus is on sentiment data and employment prospects for businesses and consumers, and also key data releases in China.

You can find more weekly economic updates from Bill Evans and his team on the Westpac website. Their forecasts are available every Friday at lunchtime, Sydney time.