In this update, Bob Cunneen, Senior Economist, reviews events in markets during September.
He discusses:
- The US and China have agreed to resume trade negotiations
- Brexit has caused The German Dax to fall 2% and the British share market fell by 4%
- The European central bank has signalled its willing to ease monetary policy by cutting interest rates
- Investors are seeing Gold as a defensive asset, aiding the gold market
Watch the MLC Economic update – September 2019 video below.
https://www.youtube.com/watch?v=ALLDZOZyeus
By Sinead Rafferty
Portfolio Specialist