In this update, Bob Cunneen, Senior Economist talks to Jason Hazell, Head of Investment Communications, about key events driving markets during June. They discuss: Australian shares posting a mild monthly performance European share markets falling sharply in June Asian shares proving resilient, and the major themes driving markets continuing to be President Trump’s bold stimulus…
ThreeSixty Research Market Update – July 2017
By upwealth
In
Economic Update
Highlights: In June markets were influenced by political developments in the UK and US and more hawkish commentary from central bankers suggesting that soft inflation is only transitory. European equities lost 2.8% in June after two Italian banks were bailed out by the Italian government and ECB President Draghi hinted at tighter monetary policy. The…
July 2017 Statement by Philip Lowe, Governor: Monetary Policy Decision
By upwealth
In
Economic Update
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…