Stephen Letts- Business Reporter
ABC News ā 24 June 2018
World Cup fever is everywhere, thereās 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:
- A quick snapshot of the 2018 February market tumble
- Geopolitical headwinds (aka trade wars) and European cars a potential US “national security threat”
- Emerging marketsĀ behind the performance of the ASX200 and the impact of a rising US dollar
- The advance of Oil; and
- 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