Below is the January edition of the monthly Market Update.
Global equity markets corrected in December although Australia was up strongly and outperformed other markets.
In the US economic data has been mixed, but overall the economy remains in recovery mode, whilst in Europe new orders and new export business improved.
China is experiencing a sliding share market and a declining currency.
Back home the Reserve Bank of Australia (RBA) will not meet until February and expectations remain that they will retain the current cash rate at 2%. The Australian economy continues to improve across the non-mining sector.
If you have any questions regarding this report, you are welcome to contact us at the office on 08 9381 6811.
Download Update → Market Update January 2016
At Access FP, we provide professional Financial Advice to help you meet your financial goals and objectives. For more information on the services we offer, check out Our Specialisations.
Contact us on 08 9381 6811 for a complimentary consultation. Ray is a CERTIFIED FINANCIAL PLANNER® and LIFE RISK SPECIALIST® and has a Bachelor’s of Commerce in Financial Planning (with distinction). He is a member of The Financial Planning Association of Australia. We are based in Perth, Western Australia and specialise in retirement planning, wealth accumulation and wealth protection (life and disability insurance).
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