top of page
Search

Financial Market Wrap Up for July 2015

Financial Market Wrap Up for July 2015:


  • The RBA kept the overnight cash rate at 2.00% at both July and August meetings.

  • In fixed income, the 3 Month Bank Bill Swap Rate and the 10 Year Australian Bond Rate fell by -0.02% and -0.26%, respectively, over the month.

  • Australian Shares posted strong returns, with the All Ordinaries Index and the S&P/ASX 200 Index gaining 4.23% and 4.40%, respectively, over the month.

  • AREITs experienced stronger gains than the broader equity market, with the ASX 300 Property Index increasing by 5.64%.

  • Regional equity markets around the globe underperformed domestic equities, with the Hong Kong Hang Seng Index the worst performer, falling by -6.15%,.

  • The UK FTSE 100 Index and The European STOXX 50 Index gained 2.69% and 3.95%, respectively, in July to be the best performing regional markets.

  • Commodity prices fell, as indicated by -3.73% decline in the US$ CRB Spot Commodity Index. Oil prices were hit the hardest, falling by -20.77%, as measured by the US$ Texas Crude Oil Price Index.

  • The Australian Dollar depreciated against most major currencies. In particular, it fell by -5.03% against the US Dollar,-2.85% against the Euro, -4.34% versus the British Pound and -3.66% against the Japanese Yen.

  • The Australian Trade Weighted Index (TWI) fell from 63.80 to 61.40 points over the month, indicating a drop in Australia’s international competitiveness.

  • Share market volatility fell both domestically and abroad, with the S&P/ASX 200 Volatility Index and the US VIX Volatility Index decreasing by -6.11% and -5.35%, respectively.


 
 
 

© 2023 by Heart Financial Advisers. Powered and secured by Wix | Financial Services Guide (FSG) | Privacy Policy 

  • Twitter
  • LinkedIn
  • Facebook

Stu Varidel AR 324007 and Your Choice Financial Planning Pty Ltd ABN 80124246877 trading as Heart Financial Advisers CAR 323623 are authorised representatives of Sentry Financial Services Pty Ltd ABN 30 113 531 034 & AFSL 286786.

Warning The information provided on this website has been provided as general advice only. We have not considered your financial circumstances, needs or objectives and you should seek the assistance of your Adviser before you make any decision regarding any products mentioned in this communication. Whilst all care has been taken in the preparation of this material, no warranty is given in respect of the information provided and accordingly neither Heart Financial Advisers and Heart Mortgage Services nor its related entities, employees or agents shall be liable on any ground whatsoever with respect to decisions or actions taken as a result of you acting upon such information.

bottom of page