Market Update – July 2021

Highlights: The Australian share market finished the fiscal year with its best performance since inception, with the market gaining 23.9% over the past 12 months (on a capital return basis beating even the 23.7% seen in FY 2007). US employment surprised as non-farm payrolls came in well above expectations, despite a slight increase in the…

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Market Update – June 2021

Highlights: Markets extended gains for the month as accommodative monetary and fiscal policies continued to support markets. US employment disappointed as non-farm payrolls came in below expectations despite a fall in the unemployment rate. Economic data continues to surprise to the upside in Europe as progress is made on the Covid-19 vaccine rollout across the…

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Market Update – May 2021

Highlights: Investors extended expectations of accommodative monetary and fiscal policies following signs of a slowdown in the US recovery. US President Biden is believed to be setting a new vaccination goal to have the first dose delivered to 70% of adults by July 4. Europe has enjoyed better than expected economic data and a decline…

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April Economic Update with Bob Cunneen

Senior MLC economist Bob Cunneen discusses which key events have been driving markets. In this video, Bob discusses: why global shares delivered a strong 3.5% positive return for March, how the global economy is performing, why Australian shares delivered a solid 2.3% gain, and how the Australian economy is travelling.

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Market Update – April 2021

Highlights: The vaccine rollout and vast sums of fiscal and monetary support are helping to accelerate economic growth and restore confidence. Global trade was disrupted when a giant container ship became lodged in the Suez Canal; Lloyd’s List estimated the loss of trade at around US$400 million per hour. European leaders are contending with a…

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