Market Update – 31st July 2015
A snapshot of the key points for July 2015
- The RBA kept the overnight cash rate at 2.00% at both July and August meetings.
- In fixed income, the 3 Month Bank Bill Swap Rate and the 10 Year Australian Bond Rate fell by -0.02% and -0.26%, respectively, over the month.
- Australian Shares posted strong returns, with the All Ordinaries Index and the S&P/ASX 200 Index gaining 4.23% and 4.40%, respectively, over the month.
- AREITs experienced stronger gains than the broader equity market, with the ASX 300 Property Index increasing by 5.64%.
- Regional equity markets around the globe under-performed domestic equities, with the Hong Kong Hang Seng Index the worst performer, falling by -6.15%,.
- The UK FTSE 100 Index and The European STOXX 50 Index gained 2.69% and 3.95%, respectively, in July to be the best performing regional markets.
- Commodity prices fell, as indicated by -3.73% decline in the US$ CRB Spot Commodity Index. Oil prices were hit the hardest, falling by -20.77%, as measured by the US$ Texas Crude Oil Price Index.
- The Australian Dollar depreciated against most major currencies. In particular, it fell by -5.03% against the US Dollar,-2.85% against the Euro, -4.34% versus the British Pound and -3.66% against the Japanese Yen.
- The Australian Trade Weighted Index (TWI) fell from 63.80 to 61.40 points over the month, indicating a drop in Australia’s international competitiveness.
- Share market volatility fell both domestically and abroad, with the S&P/ASX 200 Volatility Index and the US VIX Volatility Index decreasing by -6.11% and -5.35%, respectively.
Please click on the following link to gain access to this resource.
Click here for the Market Report of 31st July 2015
Source: Zenith Investment Partner
Hot Issues
- ATO encourages trustees to use voluntary disclosure service
- Beware of terminal illness payout time frame
- Capital losses can help reduce NALI
- Investment and economic outlook, August 2024
- What the Reserve Bank’s rates stance means for property borrowers
- How investing regularly can propel your returns
- Super sector in ASIC’s sights
- Most Popular Operating Systems 1999 - 2022
- Our investment and economic outlook, July 2024
- Striking a balance in the new financial year
- The five reasons why the $A is likely to rise further - if recession is avoided
- What super fund members should know when comparing returns
- Insurance inside super has tax advantages
- It’s never too early to start talking about aged care with clients
- Capacity doubts now more common
- Most Gold Medals in Summer Olympic Games (1896-2024)
- SMSF assets reach record levels amid share market rally
- Many Australians have a fear of running out
- How to get into the retirement comfort zone
- NALE bill passed by parliament
- Compliance focus impacts wind-ups
- LRBA interest rates increase for 2025
- Income-free areas set to increase from 1 July
- Most Spoken Languages in the World
- Middle-to-higher incomes boosting SMSF growth
- Investment and economic outlook, May 2024
- Transitioning into retirement: What you should know
- Plan now to take advantage of stage 3 tax cuts
- Deeming freeze a win for Age Pensioners
Article archive
- April - June 2024
- January - March 2024
- October - December 2023
- July - September 2023
- April - June 2023
- January - March 2023
- October - December 2022
- July - September 2022
- April - June 2022
- January - March 2022
- October - December 2021
- July - September 2021
- April - June 2021
- January - March 2021
- October - December 2020
- July - September 2020
- April - June 2020
- January - March 2020
- October - December 2019
- July - September 2019
- April - June 2019
- January - March 2019
- October - December 2018
- July - September 2018
- April - June 2018
- January - March 2018
- October - December 2017
- July - September 2017
- April - June 2017
- January - March 2017
- October - December 2016
- July - September 2016
- April - June 2016
- January - March 2016
- October - December 2015
- July - September 2015
- April - June 2015
- January - March 2015
- October - December 2014
July - September 2015 archive
- Avoiding tax consequences with the related-party rules
- Focusing on after-tax returns
- Market Update – 31st August 2015
- The gender gap in retirement
- Why popularity of ETFs is surging among SMSFs
- Clearing up confusion about accessing super.
- Good (investor) behaviour
- Five reasons the RBA will likely cut rates again
- Market Update – 31st July 2015
- Customer-centred innovation underpins high satisfaction among financial advice customers
- What the ATO is keeping an eye on
- Through life and death
- Why astute investors are a little like astute kayakers.
- Your first SMSF portfolio
- Market Update - June 2015
- Money-smart ageing
- A new (financial) year’s resolution for your SMSF
- What’s ahead for US interest rates?
- Super: Looking to June 30 and beyond