MARKET COMMENTARY – September 2024
September 2024 Quarter in Review
The market posted its best September quarter in more than a decade driven by growing certainty around interest rates, Chinese economic stimulus and US int
MARKET COMMENTARY – September 2024
September 2024 Quarter in Review
The market posted its best September quarter in more than a decade driven by growing certainty around interest rates, Chinese economic stimulus and US int
September 2024 Quarter in Review
The market posted its best September quarter in more than a decade driven by growing certainty around interest rates, Chinese economic stimulus and US interest rate cut. A combination of these events saw the Australian ASX200 market return to growth increasin
June 2024 Quarter in Review
In the June quarter the ASX200 run faltered recording a fall of 129 points or 1.6% closing at 7,768. The market traded sideways over the volatile period fluctuating within a 400-point range as the market seeks greater certainty. The Reserve Bank (RBA) held rates at 4.35
March 2024 Quarter in Review
The March quarter saw the ASX200 close 306 points higher at 7,897 points, a 4% increase, extending the market run since November 2023. The Reserve Bank (RBA) held rates at 4.35% stating inflation control is the highest priority. While inflation is slowly returning to t
FirstWrap commentary – 31st March 2024
The March quarter saw the ASX200 close 306 points higher at 7,897 points, a 4% increase, extending the market run since November 2023. The Reserve Bank (RBA) held rates at 4.35% stating inflation control is the highest priority. While inflation i
FirstWrap commentary – 31st December 2023
The ASX200 closed 553 points higher, a 7.27% increase for the December quarter. With December alone accounting for the bulk of the increase of 515 points. The Reserve Bank (RBA) raised interest rates again in November to 4.35% conceding Austra
December Quarter in Review
The ASX200 closed 553 points higher, a 7.27% increase for the December quarter. With December alone accounting for the bulk of the increase of 515 points. The Reserve Bank (RBA) raised interest rates again in November to 4.35% conceding Australian inflation has peaked bu
The ASX200 closed 154 points lower falling 2.15% for the September quarter. The new Reserve Bank Governor, Michele Bullock, began her seven-year term in September. Governor Bullock in her first board meeting reiterated the bank’s commitment to do what is necessary to reduce inflation to 2-3% p.a. The August monthly inflation indicator continued trending lower
September Quarter in Review
The ASX200 closed 154 points lower falling 2.15% for the September quarter. The new Reserve Bank Governor, Michele Bullock, began her seven-year term in September. Governor Bullock in her first board meeting reiterated the bank’s commitment to do what is necessary to
June 2023 Quarter in Review
The ASX200 closed relatively flat for the quarter increasing 25 points or 0.36% to 7,203 for the June quarter. Interest rates remain a key focus for markets, with the Reserve Bank of Australia (RBA) announcing its second pause in interest rates after twelve rate increas