Market Update

Market Update – January 2019

This month:

  • The US Fed appears to be more cautious about the economy but remains in tightening mode, with a further two rate hikes expected in 2019.
  • There are signs of slowing momentum in the US economy but fundamentals remain relatively robust, especially in the labour market.
  • The property market has dominated the headlines in Australia, with significant falls in the Sydney and Melbourne markets during 2018.
  • Economic growth in Europe is slowing while political risks in the form of Brexit and the Italian budget are fuelling uncertainty.
  • Chinese manufacturing contracted in December while markets eagerly awaited the resumption of trade talks in the new year.

Read the full Market Update prepared by Lonsec here.

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