Monday Market Highlights - 26 June 2023

In this week’s Monday Market Highlights, Dealer Brendan Larsen discusses the US stock decline, which saw the S&P 500 falling 1.4% and the Nasdaq falling 2.5%. He also examines the US and UK inflationary issues, the Bank of England’s surprise decision to reaccelerate the pace of rate hikes, the RBA’s June board meeting, and flash PMI data in Europe. In equity news, Brendan reviews Flight Centre’s leisure strategy day, Fletcher Building’s investor day, Gold Road Resource’s production update, and EROAD’s performance on the NZX – rising 58%.

 

This podcast is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to a Financial Adviser. Past performance is not a reliable indicator of future performance. Milford is an active fund manager with views and portfolio positions subject to change.