ASX a world beater for now

Stephen Letts- Business Reporter

ABC News – 24 June 2018

 

World Cup fever is everywhere, there’s no escaping it! Stephen Letts does a great write up on global market performance in the first half of 2018, sprinkled with World Cup flare.

With the half-time whistle about to blow on the 2018 markets world cup, Australian equities have burst from the pack and now sit just behind Portugal in terms of performance.

 

A few key takes out include:

  1. A quick snapshot of the 2018 February market tumble
  2. Geopolitical headwinds (aka trade wars) and European cars a potential US “national security threat”
  3. Emerging marketsĀ behind the performance of the ASX200 and the impact of a rising US dollar
  4. The advance of Oil; and
  5. A summary of what to expect in the final week of June, wrapping up the Australian financial year.

 

A surging US dollar helped propel the ASX ahead of the global pack in the first half of the year, but does it have the legs for the second half?Ā  Ā The full article can be found here.

 

 

Photo byĀ Ronald Zak-Ā Socceroos celebrate opener against Czech Republic

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