View from the hill

Market Update – July 2015

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The financial year ended on a negative note for investors with all major asset classes, except cash, falling in value over June. Despite this decline last month, major asset classes still posted healthy positive returns for the financial year as a whole.

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Market Update — May 2015

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April saw some reversal of the recent dominant trends on financial markets, with commodity prices bouncing off recent lows and longer term interest rates moving higher.
This reflected a slightly more optimistic outlook for global economic growth.

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Market Update — April 2015

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Despite fears that healthy levels of economic growth in the United States would lead to increased interest rates, the low interest rate environment across the globe became further entrenched last month. With the absence of any tangible sign of inflation, bond yields declined again over March.

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Market Update — March 2015

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Economic growth in Australia has continued at a subdued rate. National Accounts data for the December quarter showed that Gross Domestic Product expanded by just 0.5% over the 3 month period. In annual terms, the current growth rate of 2.5% remains below the longer term trend rate of over 3%.

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Market Update — October 2014

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September was a difficult month for investors with the majority of asset classes recording negative returns. The mood on share markets turned negative as did the support for the Australian dollar. After remaining stubbornly high for an extended period, the $A fell sharply last month — dropping from U.S. 93.5 cents to U.S. 87.5 cents.

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