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Evening Report

22 Jan 21, 4.30pm (AEDT). The Aussie market eased into the weekend with the ASX 200 taking a breather from the recent three day rally that took the market to fresh 11-month highs. PREVIOUS REPORT

New home sales lift

19 Jan 21. Private new detached home sales rose by 91.8 per cent in December - the biggest lift since March 2001  to 13,527 units. Sales were 48.7 per cent higher over the December quarter. 

Reporting Season Calendar

Get ready for the February earnings season with our calendar and earnings preview video. 

East Coast petrol prices spike

18 Jan 21. East Coast unleaded petrol prices are all in the early stages of the price hike cycle. Pump prices have hit $1.56 a litre in some suburbs of Brisbane and Sydney. 

Retail spending pulls back

22 Jan 21. ‘Preliminary’ retail trade fell by 4.2 per cent, the most in 8 months in December from record highs but was still up 9.4 per cent on the year.

Job market: Aussie hiring frenzy

21 Jan 21. The Aussie hiring surge continued at the end of last year with a further 50,000 jobs added in December. The unemployment rate fell to 6.6 per cent. 

Week in Review

18 Jan 21. In Australia, over the past week, the ASX 200 index  fell by 0.6 per cent and the All Ordinaries index fell by 0.5 per cent. The US Dow Jones index fell by 0.9 per cent . The S&P 500 index fell by 1.5 per cent and the Nasdaq index fell by 1.5 per cent.

Consumer confidence dips

20 Jan 21 . The Westpac-Melbourne Institute Index of Consumer Confidence eased 4.5 per cent in January to 107.0 points after hitting a decade high in December.

The Week Ahead

22 Jan 21. In a holiday-shortened week, the Australian economic calendar will be dominated by readings on inflation. CommSec releases the State of the States report on Wednesday. Overseas, US economic growth data and the Federal Reserve policy decision are the stand-outs. 

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