Market Review – May 2026: International equities delivered strong gains, led by technology and AI-related stocks, while Australian shares posted more modest growth. Bond markets also advanced despite higher interest rates, as investors anticipated that rates were nearing their peak. The Australian dollar strengthened against the US dollar, while oil prices fell sharply and gold eased as geopolitical tensions showed signs of easing.
Market Review – April 2026: Australian and international equities rebounded strongly, while bond markets edged slightly higher amid ongoing inflation uncertainty. The Australian dollar appreciated against the US dollar, with both oil and gold prices continuing to rise during the month.
Market Review – March 2026: Australian and international equities moved lower, with bond markets also declining. The Australian dollar weakened against the US dollar, while oil prices increased and gold prices softened during the month.
Market Review – February 2026: Australian equities rose, while international equities were mixed. Both Australian and international bonds ended slightly higher. The Australian dollar strengthened, while oil and gold prices also increased during the month.
Market Review – January 2026: Equities broadly rose, supported by higher commodity prices; Both Australian and international bonds ended slightly higher; Australian dollar strengthened; Oil recorded its best performance since 2022, while gold also had a strong month.
Market Review – December 2025: Australian equities rose while unhedged international equities fell; Both Australian and international bonds fell; Australian dollar strengthened; Oil continued its decline, gold moved higher.
How the different asset classes have fared: (As at 30th November 2025) Key Themes: · Australian equities fell and international equities rose: Australian equities declined in November as investors continued to price in rate-cut projections. International equities posted modest gains despite concerns around the steep valuations of AI-related stocks. · Bond yields fell internationally […]
How the different asset classes have fared: (As at 31st October 2025) Key Themes: · Australian and international equities rose: International equities gained as excitement around AI continued, while Australian equities ended slightly higher on rising commodity prices. · Bond prices edged up: Yields were volatile through the month as investors weighed potential interest-rate […]
How the different asset classes have fared: (As at 30 September 2025) Key Themes: Equities were mixed: Australian equities were an outlier in global markets, falling while most other major stock markets rose. This was largely due to broader inflation concerns, as well as a major buyout deal for Santos Ltd falling through. Bond prices […]
How the different asset classes have fared: (As at 31 August 2025) Key Themes: · Equities rose: Both international and Australian equities continued to climb, gaining 0.96% and 3.05%, respectively. International equities were supported by a strong reporting season, while Australian equities outperformed in the materials sector. · Bond prices ended slightly […]