2018 Investment Markets Review

Please click on the following link to view BT’s 2018 Investment Market Review (July 2018 release).

June – In Review

Developments in the global economy
The US Federal Reserve tightened monetary policy for the second time this year with two more rate hikes expected in the second half. In contrast, there is little to suggest any change to the ‘rates on hold’ position currently in force in Europe and Australia, notwithstanding the better than expected GPD result domestically.

Developments in financial markets
The Australian share market has again posted strong returns with a rebound in financials assisting overall performance. Internationally, trade war concerns and some signs of slowing European and Chinese growth stifled most markets, although the US S&P500 still managed to post a positive return.