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Market movements & economic review July 2022

Market movements & economic review July 2022

Stay up to date with what’s happened in the Australian economy and markets over the past month.

June was a big month in an eventful year for the local and global economy, with inflation and interest rates continuing to dominate.

With inflation sitting at 5.1% in Australia, cost of living pressure is mounting. The Reserve Bank lifted the cash rate to 0.85% in June, with more rises anticipated.

June also saw a global sell-off in shares, with the ASX 200 posting its worst month since March 2020.

Click the video below to view our July update.

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