31 July 2014

Weekly Market Update – week ending 25 July 2014

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weekly market updateInvestment markets and key developments over the past week

While US shares were flat, most share markets rose over the last week on generally good economic data, continued solid earnings results and an absence of additional bad news regarding either Ukraine or the Middle East. European shares rose 0.5%, Japanese shares gained 1.6%, Chinese shares rose 3.2% and Australian shares gained 0.9%. In fact Australian shares rose to their highest since June 2008. Bond yields were little changed as was the Australian dollar. Commodity prices were mixed with oil down, gold flat and copper up.

Click here for full update:  Weekly-Report – 25 July 2014

Verante Pty Ltd is a Corporate Authorised Representative of Viridian Select Pty Ltd, ABN 41 621 447 345, AFSL 515762. This information has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on this information consider its appropriateness, having regard to your objectives, financial situation and needs.

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