In this update, Bob Cunneen, Porfolio Specialist, reviews events in markets during June.
- How Britain’s decision to leave the European Union generated considerable turbulence in markets as well as European politics
- Some share markets recovering their balance in the final week of June following soothing comments from Britain’s central bank and the recognition that UK’s exit may take some time, and
- How Australia’s strong growth in consumer spending, housing construction and exports managed to offset the downturn in mining investment.
Watch the MLC Economic update – July 2016 video below.
9 July 2016
By Bob Cunneen