In the April 2016 edition of the Market Update:
- Equity and commodity markets continued to recover off their mid-February lows helped by reasonable economic data, supportive central banks and improved sentiment;
- Oil prices continued to move higher, up another 13% in March
- China economic data was, on balance, a little better
- US economic data continued to improve
- The European Central Bank surprised investors with the size of the additional stimulus measures that it announced in early March to try to combat disinflation
- Australian business conditions outside the mining sector continue to improve
- RBA retains cash rate at 2.0%
There’s more commentary, plus our usual tables with all the key market data on Shares, Interest Rates and Property in the linked document below.