Highlights: Markets in May were heavily influenced by political developments in the major economies.  European equities returned 2.6% in May helped by Emmanuel Macron’s convincing win in the French Presidential election. In the middle of the month equities were sold off on revelations that Donald Trump may have pressured former head of the FBI, James…

In this update, Bob Cunneen, Senior Economist talks to Myooran about key events driving markets during May. They discuss: Australian shares delivering a disappointing monthly performance US and European share markets making solid gains in May the political risks in Europe, the Middle East and North Korea as key themes driving markets, and President Trump’s…

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The broad-based pick-up in the global economy is continuing. Labour markets have tightened further in many countries and forecasts for global growth have been revised up since last year. Above-trend growth is expected in a number of advanced…