WOTblog

Market Update October 2012

The global outlook returned mixed results last month, with the US continuing to show signs of growth, while China’s growth position weakened.

In Europe, although markets started to show signs of a slow recovery, the European Central Bank (ECB) knows there is still work to be done before market and consumer confidence returns. To further support the recovery, the ECB announced a number of initiatives designed to ease the financial pressures felt throughout the Eurozone.

In domestic news, the RBA announced an interest rate cut for the first time since June. This brings the official rate down 25 basis points to 3.25%.

As markets continue to remain uncertain in the short term, please remember to remain focused on your long-term goals.

17/10/2012

Top 10 Planners in Adelaide

We were recently placed in the Top 10 Planners in Adelaide. You can see the Top 10 Planners on the link below.

http://www.top10financialplanner.com.au/adelaide.html

20/9/2012

Market Update September 2012

The global outlook was positive last month as most major markets posted moderate results; with the Dow Jones, UK FTSE and DAX all returning positive gains in August.

The US economy continued to show signs of growth, with GDP increasing for the second consecutive quarter. Economists however, aren’t expecting this growth to pick up speed over the remainder of the year.

In Europe, Spain’s economy continued to dominate headlines, with the Eurozone as a whole trending towards a slow quarter of growth. The European Central Bank took matters into their own hands and unveiled a plan to reduce borrowing costs in the Eurozone.

On the home front, Australian property continued to enjoy its upward trend for the third month in a row, while retail figures returned disappointing results in August.

As markets continue to remain uncertain in the short term, please remember to remain focused on your long-term goals.

20/09/2012


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