Please click the link below to view our research department's latest market overview.
Key points raised are :
- Global share markets began the month of August with a sharp correction, before recovering to finish strongly, gaining approximately 1.8%.
- The US Federal Reserve signalled that interest rate cuts are coming, and they expect to start in September. In the absence of a collapse in the labour market this is expected to be 0.25%. In Australia, the outlook is less dovish with the Reserve Bank remaining on hold.
- Bond markets rallied in August as interest rate expectations fell. Major bond indices gained approximately 1% globally and in Australia.