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

Over the Quarter:

Australian unemployment has decreased slightly, while New Zealand unemployment increased slightly, compared to the December quarter. The AUD has strengthened, while the NZD has weakened compared to the USD.

Equities have fallen over the quarter. Quarterly changes highlight that volatility remains very present, but the range over the quarter has tightened to a narrower band. Gold and Oil have increased this quarter. Whereas, Iron Ore and Milk have trended down over the quarter.

Annual inflation continues to fall, except in New Zealand where inflation remained sticky. Yields for Australian and New Zealand 10 year bonds were relatively steady and US 10 year bonds increased over the quarter. US 10Y/2Y spreads have tightened further since the last quarter.

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

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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