Highlights: After strong rises in equity prices off the lows in February, developed market equities were weaker in June, following the decision by voters in the UK to elect to leave the European Union (“Brexit”). Gold prices rose 9% in June and crude oil prices were a little lower during the month. China economic data…

In this update, Bob Cunneen, Senior Economist and Porfolio Specialist, reviews events in markets during June. He discusses: how Britain’s decision to leave the European Union generated considerable turbulence in markets as well as European politics some share markets recovering their balance in the final week of June following soothing comments from Britain’s central bank…

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…