Lonsec Market Commentary February 2015
A cut in interest rates prompted a sharp rise in the Australian equity market in February. Equity markets in Europe (the DAX, CAC and FTSE) also continued to gain ground again, as did the S&P 500 and the Japanese, Chinese and Hong Kong indices.
Retail sales and economic growth grew slightly while the current account deficit fell 21%, mainly due to the fall in the Australian Dollar.
For a full summary of how we fared domestically and internationally in February you can read the Lonsec Market Commentary here: