Market movements & economic review – July 2023

As the inflation rate begins to ease, with consumer inflation slowing to a 13 month low in May, many commentators expressed hope that further interest rate rises may be kept in check.

That led to a slight improvement in investor outlook for stocks at the end of June.

The S&P/ASX 200 closed the month at about the same level as in May but, over the financial year, it’s risen more than 10%.

Click here for our July update video.

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