It’s been quite a month for markets, and in this edition of Market Update the focus remains on Europe, particularly the situations in Greece and Italy.
While the Europeans continue to sort through their issues, you’ll be pleased to know the news both out of the US and back at home is a little better.
Other key points from this edition include:
US Economy shows signs of stabilising
Chinese growth remains robust, and
IMF says Australia’s economic position is “enviable”.
Similar to what we’ve seen recently, markets continue to remain uncertain in the short term, so remember to remain focused on your long-term goals.
If you’d like to discuss anything in this report or any other issues, please feel welcome to call us on 1800 967 548.
Any advice in this communication has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on any advice, consider whether it is appropriate to your objectives, financial situation and needs.
GWM Adviser Services Limited ABN 96 002 071 749 trading as Garvan Financial Planning, registered office 105 - 153 Miller Street North Sydney NSW 2060, is an Australian Financial Services Licensee and member of the National Australia Bank group of companies. From time to time Garvan Financial Planning, members of the National Australia Bank group of companies, associated employees or agents may have an interest in or receive pecuniary and non pecuniary benefits from the financial products and services mentioned herein.