AGP Executive Report
Last update: 6 hours agoNew Zealand Housing: QV’s House Price Index says winter has deepened the slowdown: values fell 1.5% nationally in the July quarter, with the average Kiwi home now at $898,799 and declines spreading beyond Auckland and Wellington. UK Jobs: REC/KPMG data shows tentative stabilisation in July as permanent placements stop falling after 45 months, while temporary vacancies tick up and starting salaries rise. Fed Watch: Markets are bracing for fresh inflation signals after the Fed’s August forecast raised the odds of a tougher September FOMC debate, with upcoming CPI and retail-sales in focus. Australia Housing Credit: Westpac posted higher Q3 profit but warned mortgage demand cooled after budget changes, projecting slower housing credit growth into 2027. BRICS Competition Policy: BRICS competition authorities agreed to boost cooperation on fair competition, targeting challenges from digital markets and the renewable energy transition. Digital Growth in Asia Pacific: GSMA estimates mobile generated $1T in economic value in 2025 and forecasts $1.4T by 2030, with AI, trust, resilience and sovereignty shaping the next phase. Prediction Markets in Washington: A K Street poll suggests most insiders expect little new federal restriction on Kalshi/Polymarket before the 119th Congress ends. Maritime/Shipping: Seaspan secured a RMB 1.5bn Panda Bond to diversify funding, while dry bulk sentiment improved as capesize rates strengthened.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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