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In This Week’s Client Newsletter:
Feature article:
“Understanding Fixed Interest Investments”
Overseas:
Standard & Poor’s downgrade 5 Spanish banks.
Saudi Arabia increases oil production.
Markets a bit happier with Greek polls showing pro-euro parties gaining support.
But, overall, May was a miserable month for the markets following the trend of 2010 AND 2011.
Gold still seen as poor alternative to US dollar and government bonds..
Australia:
WA leading overall rise in spending but retail sales drop slightly.
Aussie dollar drops to 2012 low – good news for businesses.
Domestic markets predicting the RBA will cut rates again by the end of June.
Plus all the usual news roundups on the WA Housing Market, Fuel prices,
Celebrity Birthdays and Sports.
