Monthly Market Update - September 2024

 

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.