{"id":863,"date":"2016-02-26T00:00:00","date_gmt":"2016-02-26T00:00:00","guid":{"rendered":"http:\/\/actinvest.com.au\/?p=863"},"modified":"2016-08-03T05:18:55","modified_gmt":"2016-08-03T05:18:55","slug":"market-update-31st-january-2016","status":"publish","type":"post","link":"https:\/\/actinvest.com.au\/index.php\/market-update-31st-january-2016\/","title":{"rendered":"Market Update  \u2013  31st January 2016"},"content":{"rendered":"<p><em>A snapshot of the key points for January 2016<\/em><\/p>\n<p style=\"text-align:center\"><img loading=\"lazy\" alt=\"\" height=\"191\" src=\"http:\/\/www.plannerweb.com.au\/images\/Market report Jan 13.jpg\" width=\"300\" \/><\/p>\n<p>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/p>\n<ul>\n<li>There was no RBA Monetary Policy meeting in January and the cash rate was kept at 2.00% following the February meeting.\u00a0<\/li>\n<li>In fixed income, the 3 Month Bank Bill Swap Rate and the 10 Year Australian Bond Rate fell by -0.03% and -0.26%, respectively, in January.<\/li>\n<li>Corporate debt spreads, as measured by the iTraxx Australian Index, rose to 139.54 in January from the previous reading of 126.23.<\/li>\n<li>Shares fell both domestically and overseas, with the Hong Kong Hang Seng Index declining by -10.18% to be the worst performer.<\/li>\n<li>In Australia, the All Ordinaries Index and the S&#038;P\/ASX 200 Index fell by -5.39% and -5.48%, respectively. Listed property continued to outperform the broader domestic share market, gaining 0.93% for the month.<\/li>\n<li>Global commodity prices recovered slightly in January, gaining 2.33%, as measured by the US$ CRB Spot Commodity Index. Gold prices had the largest gain, 5.16% in US Dollar terms. Notwithstanding this, over the past year gold has declined by -12.26%.<\/li>\n<li>Oil and Iron Ore prices continued to suffer, falling by -9.23% and -2.28% over the month, taking the past year loss to -30.31% and -34.15%, respectively.\u00a0<\/li>\n<li>The Australian Dollar depreciated against most currencies in January, falling by -2.82% versus the US Dollar, -2.78% against the Euro and -3.15% versus the Japanese Yen. The Dollar rose slightly comparing to the British Pound, by 0.26% for the month.<\/li>\n<li>The Australian Trade Weighted Index (TWI) fell by -1.91% over the month, ending January at 61.50.<\/li>\n<li>The share market volatility rose both domestically (+4.37%) and in the US (+1.99%).<\/li>\n<\/ul>\n<p>\u00a0<\/p>\n<p><strong>Please click on the following link to gain access to this resource.<\/strong><\/p>\n<h3>\n<a href=\"http:\/\/www.plannerweb.com.au\/files\/zenith-market-report-116.pdf\" target=\"_blank\"><span style=\"color:#0000CD\">Click here for a Market Report \u2013 31st January 2016<\/span><\/a><\/h3>\n<p>\u00a0Source: \u00a0 \u00a0 \u00a0 Zenith Investment Partner<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p><em>A snapshot of the key points for January 2016<\/em><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/posts\/863"}],"collection":[{"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=863"}],"version-history":[{"count":1,"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/posts\/863\/revisions"}],"predecessor-version":[{"id":864,"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/posts\/863\/revisions\/864"}],"wp:attachment":[{"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/actinvest.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}