In this update, Bob Cunneen, Senior Economist, reviews events in markets during February.
- Global share markets delivered a 1.4% return in February
- The number of global daily infection cases has decreased significantly, from 700,000 weekly to around 350,000 weekly
- Australian shares delivered a solid 1.5% gain in February
- The Australian economy has entered 2021 with considerable growth momentum. The recent GDP measures for the December quarter showed that the Australian economy expanded 3%, following the previous September quarter, that also expanded 3%