Highlights; The recovery in equity and commodity prices from February lows continued into May with the third straight month of equity and commodity price rises. Oil prices continued to move higher, up another 7% in May. Iron ore prices gave back their recent gains with a 24% decline over the month. US economic data was…

In this update, Bob Cunneen, Porfolio Specialist, reviews events in markets during May. He discusses: the Australian share market being a solid performer China’s economic data softening the strong share price gains in the final week of May given solid US and European economic data, and how the emerging markets are providing mixed signals. Find out…

At its meeting today, the Board decided to leave the cash rate unchanged at 1.75 per cent. The global economy is continuing to grow, at a lower than average pace. Several advanced economies have recorded improved conditions over the past year, but conditions have become more difficult for a number of emerging market economies. China’s growth rate…