Market review
How markets performed last quarter.
How did the markets perform last quarter?
It was a volatile start to the year for global equities, driven largely by US President Donald Trump’s trade policy announcements. The uncertainty around trade policy saw US markets underperform most of its global peers. In New Zealand, the quarter was highlighted by the Reserve Bank of New Zealand (RBNZ) meeting in February, where it cut the Official Cash Rate (OCR) by 50 basis points.
Read our update on what’s happening in financial markets – and what this means for your investments.
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