Highlights: Australia’s S&P/ASX 200 Index finished lower over the month masking positive performance from seven out of 11 underlying sectors. Information Technology (-10.4%), Materials (-4.3%) and Consumer Discretionary (-3.2%) were the major laggards. Inflation remains…
Posts Categorized: News
At its meeting today, the Board decided to: increase the cash rate target by 25 basis points to 35 basis points increase the interest rate on Exchange Settlement balances from zero per cent to 25 basis points. The Board…
Highlights: Australia’s S&P/ASX 200 Index had a strong month returning 6.9% led by Information Technology (+13.2%), Energy (+9.8%), and Materials (+8.9%). All sectors finished up during the month. The Federal Reserve raised interest rates to…
At its meeting today, the Board decided to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent Inflation has increased sharply in many parts of…
Highlights: Australia’s S&P/ASX 200 Index returned 2.1% with Energy (+8.6%), Consumer Staples (+5.6%), and Materials (+5.2%) posting solid returns. Information Technology continued to be challenged with a decline of -6.6%. Nonfarm payrolls rose 678,000 in…
At its meeting today, the Board decided to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent The global economy is continuing to recover from…
Highlights: Australia’s S&P/ASX 200 Index declined by -6.4% with significant sell-offs experienced in Information Technology (-18.4%), Health Care (-12.1%) and Consumer Staples (-9.6%). Nonfarm payrolls rose 467,000 in January, well above of expectations of a…
At its meeting today, the Board decided to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent decided to cease further purchases under the bond…
Highlights: Australia’s S&P/ASX 200 Index rose 2.75% in December with strong returns across Utilities, Materials, Property, and Financials ex Property. Nonfarm payrolls rose 199,000 in December, well below of expectations of a 400,000 increase. European…
Highlights: Australia’s S&P/ASX 200 Index declined by -0.5% in November masking some disparate returns across sectors. Nonfarm payrolls rose 210,000 in November, well below of expectations of a 550,000 increase. Eurozone annual inflation rose to…