Please click on the link below to view our research department's latest monthly market update.

Key points raised are :

• Global risk assets ended December mixed amidst the view that policy easing in 2026 may be slower and more uneven.
• US Fed delivered a third 25 basis points rate cut. Signalled higher bar for future easing.
• Australian headline CPI 3.4% year on year, still above target.
• Australian equities modestly higher led by Materials and Resources; Tech & Healthcare lagged.
• Stronger Australian dollar reduced unhedged global equity gains; Europe and Emerging Markets stronger.
• Bond yields: Australian yields rose limiting December returns.
• Gold continues to hover at record highs.