Market Update - June 2021
Market Update - June 2021
Welcome to the June edition of the Market Update.
Markets extended gains for the month as accommodative monetary and fiscal policies continued to support markets.
US employment disappointed as non-farm payrolls came in below expectations despite a fall in the unemployment rate.
Economic data continues to surprise to the upside in Europe as progress is made on the Covid-19 vaccine rollout across the Eurozone.
The RBA kept the cash rate on hold at 0.1% as expected. First quarter GDP came in at 1.8% quarter on quarte