Category Archives: Market Updates

Lonsec Market Commentary – June 2015

Lonsec Market Commentary – June 2015

As the financial year came to an end the S&P/ASX 200 Accumulation Index lost 5.30% in June amid earnings downgrades. There was fairly heavy selling in Europe at the end of June amidst the still continuing Greek Debt Crisis, equity markets across Asia fell as well over the month.

The RBA left interest rates at 2% and while the trade deficit narrowed and retail sales were up, both were less than hoped for. In the US and Europe there were continuing signs of growth and improving economic activity.

For a round up of the domestic and international economic news for June you can read the full Lonsec Market Commentary here:

Lonsec Market Commentary – June 2015

Lonsec Market Commentary – May 2015

Lonsec Market Commentary – May 2015

The S & P/ASX 200 Accumulation Index was up slightly at the end of May despite the big 4 banks being down 3.20% over the month.

European equity markets all finished slightly down at the end of the month while the Shanghai Composite and the NIKKEI both finished up.

Another budget deficit was forecast but consumer sentiment was up, spurred on by the RBA cutting the cash rate by another 0.25% to a new historic low of 2.0%.

For a round up of the domestic and international economic news for May you can read the full Lonsec Market Commentary here:

Lonsec Market Commentary – May 2015