We bring you the RIPPL Roundup each month to provide an early market snapshot for New Zealand and Australian financial advisers.
Our Key Observations:
- 10 year government bond yields have had small increments and falls for the month. The US was static, while Australia and Germany fell, New Zealand, UK, Japan, and Canada had small increments.
- Central bank cash rates remained steady across all markets.
- Inflation remained relatively steady for the US, UK and Europe. Australia’s core inflation fell dramatically, by 1.0%. New Zealand, Japan, and China had some minor changes in either the headline or core inflation.
- Term deposit rates remained flat in Australia and New Zealand.
- Market indices are mixed for the month. Equities remained positive but were significantly softer than in January. However, emerging markets, REITs, and infrastructure indices are all negative for the month. International and domestic Bonds, along with the AUD and NZD were all negative, compared to the USD. The variation between December 2023 and January 2024 highlights the volatility in the market. This is having some impact on the one year market numbers for each index as well.
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.
Looking for something in particular or have some feedback? Please reach out to one of the RIPPL team
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.
We strive to give you the best information, so you can help your clients make better decisions, and feel more confident about doing business with you. We believe that not only can everybody win, but everybody should.
Reach out to us today about your research and consulting needs, and how to make the data work for you, and your clients.
Stay updated with our latest news. Sign up for our newsletter.
Would you like to see research on a Managed Fund? Then enquire here.
Photo credits: Research IP