Market Update - June 2015

Key points for June 2015

 

  1. The RBA kept the overnight cash rate at 2.00% at both June and July meetings.
  2. In the fixed income space, the 3 Month Bank Bill Swap Rate and the 10 Year Australian Bond Rate increased by 0.07% and 0.27% respectively over the month.
  3. Australian Shares fell by -5.61%, as measured by the All Ordinaries Index.
  4. AREITs followed the downward movement of the equity market, with the ASX 300 Property Index decreasing by -5.50%.
  5. Global equities posted negative returns in most regions, with the FTSE 100 (UK) Index, the worst performer, declining by -6.64%.
  6. Despite a fall of -2.10% measured by the S&P 500 Index, the US was the best performing region amongst global share markets.
  7. Commodity prices rose by 0.36% over the month, as measured by the US$ CRB Spot Commodity Price Index. The price of Iron Ore increased by 1.69% while Gold and Oil fell by -1.73% and -1.38%, respectively.
  8. The Australian Dollar gained 0.22% over the US Dollar, while depreciating against most other currencies. In particular, it fell by -1.89% against the Euro, -2.26% versus the British Pound and -1.06% over the Japanese Yen.
  9. The Australian Trade Weighted Index (TWI) increased by 0.16% over the month, indicating an improvement in Australia’s international competitiveness.
  10. Share market volatility surged both domestically and abroad, with the S&P / ASX 200 Volatility Index and the US VIX Volatility Index increasing by 4.39% and 4.60%, respectively.

 

Please click on the following link to gain access to this resource.


Click here for a Market Report – 30th June 2015

 

Source:       Zenith Investment Partner

 



Dobson Financial Planning Pty Ltd ACN 096 843 293 as trustee for the Shirtfront Trust ABN 99 139 782 191, trading as Mal Dobson and Associates is an Authorised Representative of Consultum Financial Advisers Pty Ltd ABN 65 006 373 995 AFSL 230323

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