Market Update - January 2015

 

A Snapshot of the Key Points for January 2015

       

  1. There was no RBA Monetary Policy meeting in January. However the overnight cash rate has been cut to 2.25% in February.
  2. Domestic yields fell further over the month, with the 3 Month Bank Bill Swap Rate and the 10 Year Australian Bond Yield decreasing by -0.17% and -0.38% respectively.
  3. The Australian Share Market had a good run over the month, with the All Ordinaries Price and the S&P/ASX 200 Index increasing by 3.02% and 3.28% respectively.
  4. Australian Listed Properties continued to outperform the broader equity market, gaining 7.42% in January taking its past year gain to 28.53%.
  5. Many global equities markets posted positive returns in January, with Europe increasing 7.16% over the month to be the strongest performing region. U.S. shares underperformed, with the Dow Jones Industrials Index falling by -3.69%.
  6. Gold prices in US$ had a good start to the new year, rising by 7.33% in January to bring its past year return back to a positive reading of 2.46%.
  7. Oil prices continued to fall over the month, with the Texas Crude Oil US$ Index declining by -9.44%, taking its past year loss to -50.52%. The overall US$ CRB Spot Commodity Price Index fell by -3.50% in January.
  8. The Australian Dollar depreciated further against most major currencies over the month. In particular, it fell by -5.13% against the USD, -2.07% versus the GBP and -6.33% against the JPY. The Australian Dollar recorded a 1.82% increase over the EUR, indicating an even further depreciation of the Euro.
  9. The Australian Trade Weighted Index (TWI) decreased by -3.91% in January, consistent with the falling exchange rate.
  10. The U.S. VIX Index increased by 1.77%, ending the month priced at 20.97.

 

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

 

 

Source:       Zenith Investment Partner

 

 

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.