Please find below the November edition of the monthly Market Update.
At home, the Reserve Bank of Australia has maintained the cash rate at 2.0% at its November meeting and remains on an accommodative policy, whilst Australian business credit growth shows positive recovery.
Meanwhile the European Central Bank is considering further quantitative easing whilst China has cut interest rates for the sixth time in 12 months.
In the United States economic data remains positive with the US Federal Reserve providing clarity on interest rate increases.
Global equity markets have experienced a sharp recovery in October following the August and September market correction.