Investment News June 2018

  • geopolitical uncertainty and bouts of market volatility
  • U.S. unemployment rate steady downward trend, down 0.2% to 3.9%, lowest since December 2000
  • U.S. increase in industrial production, expanding economy, inflation solid 2.1% core CPI
  • political developments in Italy pressured Italian government bonds
  • most developed market yields fell as investors bought “safe-haven” assets such as U.S. Treasuries, German bunds and U.K. gilts.
  • tightening supply boosted oil prices, Brent crossed $80 per barrel ‒ highest level in three years
  • Argentine peso fell nearly 18% vs the dollar
  • FirstTech Pocket guide to Super and SMSFs is available contains facts, figures and general information for the 2018-19 financial year
By | 2018-09-06T17:43:07+00:00 September 6th, 2018|Investments|