Monday Market Highlights: 24 June 2024
OnTrack with Milford - A podcast by Milford - Wednesdays
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In this week’s Monday Market Highlights, Credit Analyst Remy Morgan looks into US data releases which came in softer than expected, including retail sales for May, initial jobless claims, and housing starts and building permits. She also discusses UK May CPI data and Bank of England policy rates, Chinese data which showed slower industrial growth and a persistent property market downturn. Closer to home she looks into the RBA keeping the cash rate unchanged, and NZ GDP which modestly increased over the quarter. In Equity news, Remy covers Infratil, Integral Diagnostics, Kathmandu and Rip Curl. 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.