Market Update

Market Update – February 2019

This month:

  • Fears of slowing growth momentum in the US and China are creating a sense of urgency for both countries to resolve the trade dispute.
  • The possibility of a further US government shutdown over border control is adding to uncertainty and downside risks to the economy.
  • The Australian residential property market continues to weaken, while the RBA cut its GDP growth and inflation forecasts for 2019 and 2020.
  • Economic growth in Europe is slowing while the UK parliament raised the stakes by rejecting Prime Minister May’s Brexit deal.
  • Chinese authorities are rolling out additional stimulus measures, including tax cuts and a major rail project, to help combat slowing GDP growth.

Read the full Market Update prepared by Lonsec here.

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