Monday Market Highlights: 1 April 2024

In this week’s Monday Market Highlights, Credit Analyst Remy Morgan discusses month and quarter-end, with US stock markets finishing strong. Federal Reserve Governor Waller spoke to the risk of moving rates lower too soon, citing healthy economic output data and consumer spending. Remy also looks into the PCE data release, Australian February consumer price index – which rose 3.4% over the year – and recently released Australian retail sales data for February, along with NZ’s consumer confidence falling by nine points in March. In equity news, Remy covers Fisher & Paykel Healthcare, Westpac, and Charter Hall and Charter Hall Retail REIT’s joint venture trust to acquire a stake in Hotel Property Investments. 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.