Stay up to date with what’s happened in the Australian economy and markets over the past month.
The escalating war in the Middle East has seen extreme volatility in global markets, particularly in the US.
Brent crude recorded a monthly surge of nearly 70%. It was trading above $115 per barrel by month’s end, its highest level in years. The closure of key shipping routes through the region sent shockwaves through energy markets worldwide.
The ASX 200 experienced a volatile month, driven by geopolitical tension, energy price fears, and inflation concerns. It recorded a decline of around 8% – its worst monthly performance since March 2020, although the index is still higher than it was a year ago.
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Integrity One Wealth Advisers Pty Ltd
Phone : (03) 9723 0522
Email : integrity@iplan.com.au
Web : www.integrityclients.com.au
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Integrity One Wealth Advisers
Integrity Edge
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Suite 2, 1 Railway Crescent
Croydon, Victoria 3136
Mail:
PO Box 1140 Croydon
Victoria 3136
Note :
If you live in the South Eastern or Bayside suburbs please contact our local advisor on (03) 9723 0522.
This information is of a general nature and does not take into consideration anyone’s individual circumstances or objectives. Financial Planning activities only are provided by Integrity One Wealth Advisers Pty Ltd (ABN 35 994 727 125) as a Corporate Authorised Representative (1316489) of Integrity Financial Planners Pty Ltd (AFSL 225051). Integrity One Wealth Advisers Pty Ltd and Integrity One Accounting and Business Advisory Services Pty Ltd are not liable for any financial loss resulting from decisions made based on this information. Please consult your adviser, finance specialist, broker, and/or accountant before making decisions using this information.