Stay up to date with what’s happened in the Australian economy and markets over the past month.
July provided some welcome signs for the Australian economy, with inflation easing more than expected last month, cooling bets of interest rate hikes in the short term.
Globally, shares delivered strong gains and Australian equities reached their highest level since early March.
However, risks remain elevated. Caution in US markets following the Federal Reserve’s decision to keep rates on hold tempered sentiment and served as a reminder of lingering inflation concerns.
Click the video below to view our update.
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