In this update, Bob Cunneen, Porfolio Specialist, reviews events in markets during September.
He discusses:
- How European shares edged lower due to the concerns over the health of Europe’s banking system
- The timing for higher US interest rates being a key issue driving global markets
- The mild gain achieved by Australian shares, and
- How the Australian Resources sector was supported by higher coal and oil prices.
Read the October 2016 Monthly Economic Update here.
Watch the MLC Economic update – October 2016 video below.
http://www.youtube.com/watch?v=z73rUKSsaF0
9 October 2016
By John Owen
Portfolio Specialist