Market Update - July 2014

     

 

Key Point for July 2014 

  1. The RBA held the overnight cash rate steady at 2.50% for the 11th consecutive Month in July.
  2. Yields on fixed income securities were largely unchanged over the month, with the 3 Month Bank Bill Swap Rate staying at 2.60% while the 10 Year Australian Bond Rate was marginally down by  0.03%.
  3. Australian Shares had a strong start to the new financial year, with the All Ordinaries Price Index and the S&P/ASX 200 Price Index increasing by 4.48% and 4.40% respectively.
  4. Australian Listed Property followed the broader domestic equities market, with the S&P/ASX 300 Property Price Index adding 4.92% for the month of July.
  5. Equity markets in many developed regions posted losses in July, with the US and Europe decreasing by -1.56% and -1.72% respectively.
  6. The Hang Seng (Hong Kong) Price Index was the strongest performer in July, gaining 6.75%. The Japanese TOPIX Price Index also posted positive returns, increasing by 2.13% over the month.
  7. Commodity prices fell by -1.60% over the month, as measured by the US$ CRB Spot Commodity Price Index. Gold and Oil prices dropped by -3.37% and -4.98% respectively.
  8. The Australian Dollar depreciated by -1.36% over the month against the US Dollar and -0.08% against the British Pound. However it has increased by 0.90% and 0.17% respectively over the Euro and the Japanese Yen.
  9. The Australian Trade Weighted Index (TWI) decreased by -0.69% in July, indicating a slight drop in Australia’s international competitiveness.
  10. The S&P VIX Index had the biggest monthly gain since July 2011, increasing by 5.38%, to finish the month priced at 16.95%.

 

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)

© 2020 Rolanda Adams Financial Services Pty Ltd. All rights reserved. Site by PlannerWeb.