May 2023 – market movements & review video

Stay up to date with what’s happened in the Australian economy and markets over the past month.

With the lead up to the Federal Budget, better-than-expected inflation figures were cause for optimism that the lengthy run of cash rate hikes have had an impact.

US stocks in April saw the biggest rally that has been experienced for months, as investors looked beyond gloomy economic data.

Local markets were buoyed by the Wall Street rally, as well as welcome signs of inflation easing, with the ASX200 ending the month slightly higher.


Click the video below to view our May update.

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