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FinanceAM
Risk sentiment was supported by strong US jobs data and optimism regarding US-Iran communications. The S&P500 closed up 0.8% at a record high. The US dollar and bond yields fell slightly, while oil was rangebound.
-
Australia and NZ Weekly 11 May 2026
Friday edition: analysis and forecasts for this week's key releases.
By
Luci Ellis
,
Matthew Hassan
,
Elliot Clarke
&
,
Justin Smirk
,
Ryan Wells
,
Illiana Jain
,
Kelly Eckhold
,
Satish Ranchhod
,
Darren Gibbs
,
Michael Gordon
,
Mantas Vanagas
&
Neha Sharma
May 08 2026
-
Westpac Market Outlook May 2026
Our latest thinking on Australia, markets and the global economy.
By
Luci Ellis
,
Elliot Clarke
,
Matthew Hassan
&
,
Justin Smirk
,
Ryan Wells
,
Illiana Jain
,
Kelly Eckhold
,
Satish Ranchhod
,
Darren Gibbs
,
Paul Clark
,
Michael Gordon
,
Mantas Vanagas
&
Neha Sharma
May 08 2026
-
What's Priced In
Monetary Policy Watch
-
Westpac Strategy Antipodean Daily Wrap
RBA tweak of call- later not smaller.
-
Macquarie Group FY26 – Commodities...not commoditised, Capital conspicuous
Macquarie Group reported FY26 earnings of AUD4.85bn, 30% up on the pcp and ahead of expectations of ~AUD4.45bn. The result was heavily weighted to 2H26 (AUD3.19bn) and reflected a lift in activity in the commodity business and elevated investment income. Capital was conserved with the dividend at the bottom of the payout range, the buyback cancelled and a discount offered on the DRP. The lift in bank RWA suggests Tier 2 supply will be needed.
- Possibly the most interesting federal budget in at least a decade
Federal Budget Preview video with Chief Economist Luci Ellis.
-
Rate call tweak: August and September not June and August
We adjust the timing of our rates view given the RBA’s language and forecasts. Two hikes still expected given our own forecast review and Middle East developments this week.
- The Australian Securitisation Market May 2026
The Australian & New Zealand Securitisation MarketMay 2026
20
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