It was a positive month for investment markets in July, with the All-Ordinaries index increasing 3.0% for the month, and closing at 7,622.2 points. The Australian Dollar increased by 0.8% in July against the United States dollar, with 1 Australian Dollar currently buying 67.2 United States cents.
The Australian share market gained in value in June, with the All-Ordinaries index increasing 1.8% for the month and closing at 7,401.5 points. The All-Ordinaries index gained nearly 10% (excluding dividends) for the 2022/23 financial year, despite rising interest rates, high inflation, and geopolitical risks.
The Australian share market gave up some recent gains in the month of May, with the All-Ordinaries index falling 3.0% for the month and closing at 7,273.5 points. The Australian Dollar continued to slide, falling by 2.1% for the month, with 1 Australian Dollar buying 64.8 United States cents.
It was a positive month for domestic investments markets, with the All-Ordinaries index gaining 1.7% for the month and closing at 7,501.0 points. The Australian Dollar was once again weaker, falling by 1.1% for the month, with 1 Australian Dollar buying 66.2 United States cents.
It was a volatile month for the Australian share market, with the All-Ordinaries index falling 1.1% for the month and closing at 7,373.3 points. The Australian Dollar was marginally weaker falling by 0.8% for the month, with 1 Australian Dollar buying 66.9 United States cents.
The Australian share market retreated in value in February, with the All-Ordinaries index falling 3.0% for the month, closing at 7,458.0 points. The Australian Dollar was also weaker falling 4.5% for the month, with 1 Australian Dollar buying 67.43 United States cents.
The Australian share market had a fast start to 2023, with the All-Ordinaries index gaining 6.4% for the month of January (closing at 7,686.1 points). The Australian Dollar was also strengthened by 4.3%, with 1 Australian Dollar buying 70.59 United States cents.
The Australian share market gave back some of its recent gains in December, with the All-Ordinaries index falling by 3.5% for the month (closing at 7,221.7 points). For the 2022 calendar year the All-Ordinaries index (excluding dividends) fell by 7.2% - marking the 5th calendar year of negative returns over the past 13 years.
Investment markets continued to recover in value on the back of news that inflation may have peaked. The Australian share market as measured by the All-Ordinaries index gained 6.0% for the month (after gaining 5.6% in October), and closed for November at 7,480.7 points.
The Australian Dollar rallied by 5.7% in November, with 1 Australian Dollar currently buying 67.67 United States cents.
Renewed hopes that the United States Federal Reserve was close to a “pivot” on policy tightening (and that they would signal a slower pace of interest rate increases) sparked a rally in United States and Australian share market values in the month of October.