The following two infographics highlight quarterly movements in the economy and investment markets across Australia and New Zealand.

Over the Quarter:

Unemployment has increased slightly, compared to the September quarter. Currency has increased compared to the USD. Equities have grown over the quarter. Quarterly changes highlight that volatility remains key and very present and slightly widened.

Following the positive trend of equities, Gold and Iron Ore have increased this quarter. Whereas Oil and Milk have trended down significantly over the quarter. Although headline inflation continues to fall, core inflation remains sticky to 31 December 2023, however, central banks have remained steady over the quarter.

The real economy is slowing, but investors remain uncertain. Yields for Australian and US 10 year bonds have fallen over the quarter. US 10Y/2Y spreads have tightened since the last quarter. The economy remains finely balanced with quarter on quarter changes across Quarterly Highlights swinging positively and negatively regularly.

Note: Please move the slider to view our update for New Zealand or Australia

Feel free to utilise this update with your clients, all we ask is that you reference Research IP in your communication. We can also supply individual charts as required. More to come.

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Research IP delivers high quality investment fund research and consultancy services to financial advisers, charities & NFPs, and the broader financial services industry. Our experience spans well over 20 years working directly across the multiple facets of finance, so we understand the key drivers and challenges for managers, as well as the impact on investors and the broader industry.

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While every care has been taken in the preparation of this information, Research IP makes no representation or warranty as to the accuracy or completeness of any statement in it including, without limitation, any forecasts. Past performance is not a reliable indicator of future performance. This blog post has been prepared for the purpose of providing general information, it is not personal financial advice and should not be relied upon as a substitute for detailed advice from your authorised financial adviser. You should, before making any investment decisions, consider the appropriateness of the information in this email, and seek professional advice, having regard to your objectives, financial situation and needs.

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