Economic Snapshot: A volatile ride for markets
May was a volatile month for global financial markets as investors continued to grapple with the array of risks confronting them.
May was a volatile month for global financial markets as investors continued to grapple with the array of risks confronting them.
April was a harsh month for financial markets. High inflation, aggressive rhetoric from the US Federal Reserve Bank, the Ukraine war and COVID lockdowns in China, all combined to sour investor sentiment.
In a turbulent month for global markets, Australia’s geographic distance from Ukraine, combined with our role as a commodity exporter, helped our equity market to outperform and the A$/US$ to rally.
Markets React to Russian Invasion of Ukraine
Despite ongoing COVID waves, equities had another stellar year.
Scamwatch, the dedicated scam monitoring service run by the Australian Competition and Consumer Commission (ACCC), is urging people to be extra vigilant about text scams.
Markets continue to grapple with the good news of recovering economies, the bad news of rising inflation risks and the ever-present threat of COVID-19.
Scamwatch, the dedicated scam monitoring service run by the Australian Competition and Consumer Commission (ACCC), is urging people to be extra vigilant about text scams.
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