In this update, Bob Cunneen, Senior Economist and Porfolio Specialist, reviews events in markets during July.
July’s surprisingly strong global share gains
the global share markets being supported by better than expected US corporate profit reports and global economic data
how Japan’s share market rebounded in July given hope from both budget and monetary stimulus, and
how Australian shares rose by a robust 6.3% in July. Higher coal and iron ore prices helped the commodity market.