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

• Markets in May consolidated from the strong rebound in April, with increased volatility.
• RBA rate hike reinforced ‘higher for longer’ policy expectations.
• Australian equities lagged global peers, reflecting domestic headwinds.
• Global equities remained resilient driven by AI and semi-conductor stocks.
• Emerging markets outperformed, led by technology?exposed Asia.
• Fixed income had a positive month.
• Oil prices declined sharply but remained elevated and remain volatile.