Market Wrap

Each month we publish Market Wrap, a summary of the previous month’s economic highlights.

Economic Overview

  • The release of Australian-listed company earnings gave local investors something other than virus-related news to focus on.
  • Earnings rose ~15% in the June quarter compared to the first three months of the year. This was ahead of consensus expectations, but overall the results were underwhelming as anticipated.
  • Bond yields drifted higher in most major regions, including Australia, amid signs of increasing supply.

Read more Market Wrap August 2020