Monday, June 10 2013
This month as a result of discussions by the Federal Reserve regarding the winding back of quantitative easing, we have seen a major shift in markets with the A$ starting to fall, US$ strengthen and bond yields increase. The Australian market has been weaker than the global market due to the weakness in the A$ causing money to flow out of our equities, and we have also seen softness in the mining services sector. This month we discuss the implications of these major moves in detail.
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