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March 21, 2016 by Venture

Market Update – March 2016

In the March 2016 edition of the Market Update:

  • Global equity markets continued to correct through February but stage an early March recovery
  • Oil prices staged a strong recovery from mid-February – up 37%
  • China economic data continued to consolidate and targets 6.5% minimum growth
  • US economic data continued to improve
  • Marginally weaker Eurozone heightens the likelihood of further quantitative easing
  • Australian non mining sector continues a solid recovery – improved q4 GDP
  • RBA retains cash rate at 2.0%

There’s more commentary, plus our usual tables with all the key market data on Shares, Interest Rates and Property in the linked document below.

Read the March 2016 GPL Market Update here.

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Venture Financial Planning Pty Ltd ABN 62 095 194 559 is an Authorised Representative of Count Financial Ltd ABN 19 001 974 625
AFSL No. 227232 which is 85% owned by CountPlus Limited ABN 111 26 990 832 (CountPlus) of Level 8, 1 Chifley Square, Sydney 2000 NSW and 15% owned by Count Member Firm Pty Ltd ACN 633 983 490 of Level 8, 1 Chifley Square, Sydney 2000 NSW. CountPlus is listed on the Australian Stock Exchange. Count Member Firm Pty Ltd is owned by Count Member Firm DT Pty Ltd ACN 633 956 073 which holds the assets under a discretionary trust for certain beneficiaries including potentially some corporate authorised representatives of Count Financial Ltd. The information on this web page is not advice and is intended to provide general information only. It does not take into account your individual needs, objectives or personal circumstances.