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February 2017 Market Wrap

February with a positive month for investment markets, with the All Ordinaries index closing the month 1.5% higher at 5,761 points. The Australian Dollar increased 1.3% in the month, with 1 Australian Dollar currently buying 76.78 US cents. The Reserve Bank of Australia left the official Cash Rate on hold at 1.50% per annum.

Global markets were stronger across the board in February. The United States Dow Jones index gained 4.8%, the London FTSE gained 2.3%, the Japan Nikkei 225 gained 0.4% and the Hong Kong Hang Seng Index gained 1.6% for the month.

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January 2017 Market Wrap

After a strong finish to the 2016 calendar year, investment markets took stock in January. The All Ordinaries index closed the month down 0.8% at 5,675 points. The Australian Dollar increased 5.3% in the month, with 1 Australian Dollar currently buying 75.85 US cents.

Global markets were also generally flat in January. The United States Dow Jones index gained 0.5%, the London FTSE fell 0.6% and the Japan Nikkei 225 fell 0.4% for the month. Once again bucking the trend was the Hong Kong Hang Seng Index, gaining 6.2% for the month (after falling in December).

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December 2016 Market Wrap

Key investment markets took-off towards the end of 2016, with the All Ordinaries index gaining 3.9% to close the month of December at 5,719.1 points.  For the 2016 calendar year, the All Ordinaries index gained 7.0%.

International markets were generally stronger in December (and for the 2016 calendar year for that matter). In December, the United States Dow Jones index gained 3.3%, the London FTSE gained 5.3% and the Japan Nikkei 225 gained 4.4%.

Bucking the trend was the Hong Kong Hang Seng Index that declined by 3.5% in December. This marked the second consecutive month of decline for the Hang Seng Index, driven largely from anti-China Trump policies.

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