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2017 May edition of Godfrey Pembroke Monthly Market Update

May 23, 2017 by Anthony Joseph Brosnan

In the May 2017 edition of the Market Update:

  • Equity markets rose in April helped by political developments in Europe and solid US corporate earnings reports.
  • In the United States, the technology-laden NASDAQ Composite Index rose to all-time highs, boosted by strong earnings results from the major technology companies.
  • US consumer and business sentiment surveys fell back from the recent highs reached following Donald Trump’s election win.
  • Chinese economic growth in the March quarter was stronger than expected and other activity indicators were also higher than in prior months.
  • Australian economic data was relatively good with stronger-than-expected employment growth in March and a rise in inflation.

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.

Read the May 2017 GPL Market Update here.

Filed Under: News Tagged With: Monthly Market Update

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