In the June 2021 edition of the Market Update:
- Markets extended gains for the month as accommodative monetary and fiscal policies continued to support markets.
- US employment disappointed as non-farm payrolls came in below expectations despite a fall in the unemployment rate.
- Economic data continues to surprise to the upside in Europe as progress is made on the Covid-19 vaccine rollout across the Eurozone.
- The RBA kept the cash rate on hold at 0.1% as expected. First quarter GDP came in at 1.8% quarter on quarter.
Read the June 2021 Market Update here.