RIadvice-RetireInvest in Reservoir, Victoria, Australia | Financial service

RIadvice-RetireInvest

Locality: Reservoir, Victoria, Australia

Phone: +61 3 9471 0080

Address: 964 High Street 3073 Reservoir, VIC, Australia

Website: https://riri.com.au

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14.01.2022 Market Wrap September 2020 Globally The improvement in leading indicators continued in the US with the Redbook Index, a measure of major retailer sales, up 0.6% for the year to 25 August ending several months of negative results since April. The Conference Board Leading Economic Index has also recovered its losses from the pandemic suggesting we should continue to expect an economic recovery in the US. Coronavirus cases appear to be stabilising at a global level although ...certain regions such as Europe are experiencing notable second waves of cases which have been less fatal thankfully than the early April experience. This along with new vaccine developments and a faster test by Abbott Laboratories continues to support the idea that the worst of the virus is behind us. Locally We saw confirmation that Australia had entered recession with two consecutive quarters of negative growth as the economy shrank 6.3% in the year to June. The RBA left interest rates unchanged. Coronavirus case growth in Victoria has slowed rapidly, so much so that lockdown restrictions will be gradually relaxed from early September.

13.01.2022 Market Wrap September 2020 Risk asset Strength continued Global shares rose 6.2% and 3.5% in hedged and unhedged terms, respectively. Global equities continue to be led by the US market with Tech stocks the leaders as the tech-heavy Nasdaq Index rose by 9.6% in USD terms. Emerging markets fell -0.9% during August in Australian Dollar (AUD) terms. One driver was the 2% rise of the Australian Dollar against the Hong Kong Dollar over the period with other emerging market cur...rencies also weakening. Australian shares under-performed global shares rising 2.8% in August. The month was defined by FY20 results reporting with Technology stocks rising over 15% as investors hunted for scarce growth while disappointment with the Telstra result saw the Communications Service sector fall over 5% during the month. The Australian dollar (AUD) also continued to rally from its climb from late March lows with an 1.1% rise against major currencies and a 3.3% gain against the US dollar notably. Fixed income returns were negative with Australian and international bond benchmarks falling -0.4% and -0.8% during August. Stronger growth expectations and a change in policy at the Federal Reserve saw bonds sell off and yields rise, driving negative returns. See more

12.01.2022 Market Wrap September 2020 Currency markets Exchange rates At close on 31/8 1 month % 1 year % USD/AUD 0.74 3.3% 9.5% Euro/AUD 0.62 1.9% 0.8%... Yen/AUD 78.1 3.3% 9.1% Trade weighted index 62.6 1.1% 6.3% See more

10.01.2022 Market Wrap September 2020 Major asset class performance Asset classes 1 month % 1 year % 5 years (p.a.) % Australian shares 2.8% -5.1% 7.5% Global shares (hedged to AUD) 6.2% 12.1% 10.3%... Global shares (unhedged) 3.5% 6.7% 9.6% Global small companies (unhedged) 2.2% -2.4% 6.7% Global emerging markets (unhedged) -0.9% 4.3% 7.7% Global listed property (hedged to AUD) 2.0% -17.4% 2.6% Cash 0.0% 0.7% 1.7% Australian fixed income -0.4% 1.6% 4.4% International fixed income -0.8% 2.4% 4.6% Source: Bloomberg & IOOF, 31 August 2020 Indices used: Australian Shares: S&P/ASX 200 Accumulation Index, Global shares (hedged): MSCI World ex Australia Net Total Return (in AUD), Global shares (unhedged): MSCI World ex Australia Hedged AUD Net Total Return Index; Global small companies (unhedged): MSCI World Small Cap Net Total Return USD Index (in AUD); Global emerging markets (unhedged): MSCI Emerging Markets EM Net Total Return AUD Index; Global listed property (hedged): FTSE EPRA/NAREIT Developed Index Hedged in AUD Net Total Return; Cash: Bloomberg AusBond Bank Bill Index; Australian fixed income: Bloomberg AusBond Composite 0+ Yr Index; International fixed income: Bloomberg Barclays Global Aggregate Total Return Index Value Hedged AUD Please note: Past performance is not indicative of future performance See more

08.01.2022 Click on this link - a free idea of what your financial situation is. https://v2.astutewheel.com.au/Client/Client_room_1/795