Investment Matters

Investment Matters

The markets

Markets 4 12 15 

Despite a near 2% rise on Tuesday, the local market finished in negative territory for the week, with the RBA leaving interest rates on hold and better than expected GDP figures reducing the likelihood of any further cuts.

The US market fell nearly 2% for the week with investors disappointed over the European Central Bank’s stimulus measures, while comments from the US Federal Reserve increased expectations that it will raise interest rates at its meeting in mid-December.