In the November 2016 edition of the Market Update:
- In October equity and bond markets were both a little weaker as investors worried about higher US interest rates and the outcome of the US elections.
- Crude oil prices were about 3% weaker as oil producer nations failed to agree to production cuts.
- Chinese economic data was relatively good helped by infrastructure and housing construction activity.
- The US economy continues to grow moderately with some evidence that wages growth is picking up.
- The Eurozone economy continues to grow in line with long term trend rates and business sentiment in both the manufacturing and services sectors has improved.
- Australia’s economy is still somewhat mixed with softness in retail spending and low inflation but the recent lift in iron ore and coal prices should help provide support into 2017.
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.