Lonsec Market Update

Market Update – November 2021

This month:

  • Australia’s S&P/ASX 200 Index had a moderate decline of -0.10% in October.
  • Nonfarm payrolls rose 531,000 in September, well above of expectations of a 450,000 increase.
  • Eurozone GDP expanded 2.2% in Q3, slightly ahead of expectations of 2.1%, with the annual rate sitting at 3.7%.
  • The RBA kept the cash rate on hold at 0.1% as expected; consumer sentiment fell as worries over the longer-term outlook for the economy overshadowed relief from the loosening of COVID-19 restrictions.

Read the full Market Update prepared by Lonsec here.

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