In the December 2019 edition of the Market Update:
- Markets have reacted favourably to the prospect of ‘phase one’ of the trade deal between US and China
- At the time of writing, the UK was heading to the polls with surveys showing a Conservative lead. As we now know, Boris Johnson’s government was elected with a huge majority. So, Brexit now seems highly likely.
- The Chinese economy slowed to a 6.0% annual growth rate in the September quarter, prompting the central bank to cut the short-term lending rate
- The Australian economy grew at an annual pace of 1.7% in the September quarter, recording the weakest consumer spending since the GFC
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.