Market Update - June 2014

 

       

Key Point for June 2014
 

  1. The RBA held the overnight cash rate steady at 2.50% in June as expected. The rate was also left unchanged during the July sitting.
  2. Yields on fixed income securities fell further over the month, with the 3 Month Bank Bill Swap Rate and the 10 Year Australian Bond Rate decreasing by -0.05% and -0.12% respectively.
  3. Australian Shares had a poor month, with the All Ordinaries Price Index and the S&P/ASX 200 Price Index declining by -1.68% and -1.78% respectively.
  4. Australian Listed Property outperformed the broader domestic equities market, with the S&P/ASX 300 Property Price Index adding 0.60% over the month.
  5. Many of the major global equities markets recorded positive returns in June. While the US and Japan led gains over the month, the UK and European shares underperformed, decreasing by -1.47% and -0.69% respectively.
  6. Gold prices jumped by 6.21% over the month, while oil prices expanded by 3.00% (both measured in USD). However the overall US$ CRB Spot Commodity Price Index fell by -0.15% in the past month.
  7. The Australian Dollar continued to appreciate against most of the major currencies. In particular, it increased by 1.22% against the US Dollar, 0.79% versus the Euro and 0.74% against the Japanese Yen. The Aussie Dollar depreciated by -0.85% over the British Pound.
  8. The Australian Trade Weighted Index (TWI) rose by 0.70% in June, indicating a further increase in Australia’s international competitiveness.
  9. US equity market volatility increased by 0.17% for the month, ending the month priced at 11.57%, as measured by the S&P VIX Index.   


Please click on the following link to gain access to this resource.

 

 

 Source:       Zenith Investment Partners

 

 

Any advice contained in this website is of a general nature only and does not take into account your circumstances or needs. You must decide if this information is suitable to your personal situation or seek advice.

Rolanda has been my financial adviser for 20 years. I have always found her to be highly intelligent, knowledgeable and professional in her career. Rolanda is accessible at all times and patiently explains terms that I do not fully understand. I can highly recommend Rolanda and it is a pleasure to do so. I do this with the utmost confidence. Marcia Montgomery (Retiree – home duties and ex-clerk with Water Board)
I retired Oct 2012, and seeking Financial Advice for my retirement funds, I decided to have Rolanda look after my financial affairs, and so happy I did. Since my retirement I am extremely comfortable with Rolanda’s advice, experience and strategies and the returns on my investments. Rolanda is my "Breath of Fresh Air" at this stage of my life and she makes herself available 24/7 should you need to talk with her. Steve Hoad (Ground Engineer, Qantas)
In 1997 I left Energy Australia and decided to join Rolanda Adams Financial Services for the financial support and advice that I would need into the future. That decision has proved a very good one and I am still with Rolanda who has given me advice and friendship over those many years. The advice given has ensured that my investments have been protected and the major losses, of some, during the GFC was not felt by me unduly. Rolanda and her team are very easy to contact at any time and one is always received in a most professional manner. I would be most happy to recommend Rolanda Adams Financial Services to all who need financial services. Graham Fleeton (Manager, Property Insurance Group Energy Australia (Ausgrid))
Rolanda has been my Adviser for the past 18 years. Through her wide industry experience and professional expertise she has ensured the sound development and ongoing management of my investments. Her advice has invariably been sound, timely and entirely tuned to meet my personal needs in retirement. She has a friendly, engaging manner and is always readily available to address any of my concerns. I have no hesitation in recommending her. Neil O'Keeffe (Chief Inspector (retired), Australian Customs Service)

© 2021 Rolanda Adams Financial Services Pty Ltd. All rights reserved. Site by PlannerWeb.