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2021 October edition of the Monthly Market Update

October 28, 2021 by Anthony Joseph Brosnan

In the October 2021 edition of the Monthly Market Update:

  • The Australian share market fell 1.9% in September, ending an impressive 11 month run of gains.
  • Nonfarm payrolls rose 194,000 in September, the lowest so far this year, falling well short of expectations of a 500,000 increase.
  • Eurozone economic sentiment rose to 117.8, supported by optimism from consumers and the construction sector.
  • The RBA kept the cash rate on hold at 0.1% as expected; the Delta variant has interrupted the economic recovery more severely than expected, with GDP likely to decline materially in Q3. 

Read the October 2021 Market Update here.

Filed Under: News Tagged With: Monthly Market Update

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