In the January 2020 edition of the Market Update:
- Both the US and China are optimistic that a ‘phase one’ trade deal will be reached, but subsequent negotiations will likely prove more difficult.
- The devastation from the Australian bushfires will have a significant impact on economic growth and may prompt further action by the RBA.
- A Conservative Party victory in the UK general election has allowed the government to move ahead with its EU withdrawal bill, paving the way for Brexit on 31 January 2020.
- Recent positive economic news from China has given markets confidence that an economic recovery may be possible.
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.