Start Investing Online Today
May marked a turning point for both domestic and global markets, with improving sentiment and positive momentum across key asset classes.
April delivered a sharp reminder that headlines can drive short-term volatility even when the broader economic story is more stable.
After a relatively optimistic start to the year, markets hit turbulence in March as global uncertainty returned to the spotlight.
February marked a turning point in Australia’s economic journey — the RBA made its first interest rate cut in over four years, a signal that inflation is gradually coming under control.
In January a better-than-expected CPI result had markets clamouring for a rate cut, which was duly delivered at 0.25 bps at the February meeting of the Reserve Bank of Australia.
In October, core inflation eased to 3.5%, while headline inflation fell back into the Reserve Bank of Australia’s (RBA) 2-3% target range for the first time since March 2021.
In the September quarter, the Australian equity market outperformed global equities, rising 7.8%, driven largely by a surge in mining stocks following China’s stimulus package.
