Market Wrap - July 2022

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Market Wrap - July 2022


Interest rate policy remained front and centre of attention locally and globally. The Reserve Bank of Australia raised the Official Cash Rate by 0.50 percentage points for a second consecutive month, as anticipated.

Most investors are expecting another half percentage point increase in borrowing costs in early August, when the Reserve Bank of Australia meets again.

Australian shares registered gains of more than 5%. Most major overseas share markets performed even more strongly – the MSCI World Index closed the month 8.0% higher, with selected markets enjoying double-digit gains. This made July the best month for risk assets since late 2020, when encouraging Covid vaccine trial results were first reported.


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21 Feb

Market Wrap - January 2024

A rally in the second half of the month helped global share markets generate solid gains in January, extending the rally from November and December.


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7 Dec '23

SMART Life - Issue 15 - Summer 2024

Recent research shows why giving to others can provide us with a mental boost. We feel happier when we have a choice in how and who we give, and when we see the results of our generosity.


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20 Sep '23

SMART Life - Issue 14 - Spring 2023

Investment markets have shown a lot of enthusiasm for AI and Chat GPT technology. AI productivity gains could boost economic growth and share market performance across the world.


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