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

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.