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A snapshot of the latest market updates from our Economic Services team.- 17 Apr 2025 Daily Report 17 April 2025US stocks dropped last night, while the US dollar fell to a fresh three-year low, as Fed Chair Jerome Powell dashed hopes for an imminent support from the Fed. The declines were led by info tech, more specifically semiconductors, dragged down by news that the US administration had barred Nvidia from selling one of its chips in China.
- 17 Apr 2025 Market WATCh Weekly 17 April 2025Abroad, US President Donald Trump has temporarily exempted electronics from the tariffs on China and hinted that he may pause 25% sectoral tariffs on cars and car parts. However, he also signalled that sectoral tariffs on semiconductors and pharmaceuticals may be coming, while threating China with a 245% tariff rate on some goods and banning sales of some chips in China by US companies.
- 11 Apr 2025 Monthly Update March 2025Western Australian state final demand rose by 1.1% in Q4 2024, to be up 2.7% through the year. These increases were the largest of all Australian states. The strongest 0.7ppts contribution to quarterly state final demand growth came from a 3.6% rise in business investment, driven by higher non-dwelling construction (+2.9%) and spending for machinery and equipment (+4.0%). investment.
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TopĀ - North Quay Terminals, Fremantle. Image courtesy of Fremantle Ports.
Below - Port of Port Hedland. Image courtesy of Pilbara Ports Authority.