In the June 2020 edition of the Market Update:
- Key economies are attempting to avoid a resurgence in COVID-19 cases, but the World Health Organisation warned it continues to spread rapidly in some regions.
- Liquidity conditions remain favourable as central banks and governments continue to prop up economies via monetary and fiscal easing measures.
- Key indicators such as unemployment and PMIs improved in May, adding to the market’s hopes of a strong rebound, although the risk of further outbreaks remains.
- The Reserve Bank of Australia kept rates on hold at 0.25% at its June meeting and hit pause on bond purchases through May as markets recovered.
- Black Lives Matter protests in Australia were used as a test case for considering whether large outdoor gatherings are safe to resume.
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.