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.