21 May 2014

Weekly Market Update – week ending 16 May 2014

weekly market update

The past week saw more messy and volatile trading in share markets with some mixed economic data and corporate news in the US and intensifying concerns about Ukraine weighing on US and European shares. US shares were flat, Eurozone and Japanese shares fell 0.7% but Chinese shares gained 0.8%. While the measures announced in the Australian Federal Budget were slightly milder than expected, the Budget provided some relief for the Australian share market.


Please click here to read the full upate:  Weekly Report – 16 May 2014

The author is an employee of Verante Financial Planning in Castle Hill, Corporate Authorised Representative of Magnitude Group Limited, Licence No 221557, Magnitude Group Limited ABN 54 086 266 202.