March 2024 Quarterly Market Update

Read our latest market and economic update for the first quarter of 2024

Key points

Equity All-Time Highs: Global and Australian equities have continued to rise in Q1 2024, with many major equity markets reaching all-time highs.
Bond Split: Australian bonds gained, and global bonds fell as markets reacted to economic data and central bank comments.
US Dollar Regains Ground: The US Dollar gained over quarter while the Australian Dollar fell as expectations for US rate cuts were pushed back.
Cautious 2024 Outlook: Expect market volatility with a focus on diversified equities and medium-duration bonds.
Sector Performance: Technology outshone the rest of the market globally and even in Australia despite a lack of strong domestic investment options in the sector.

Luke KiddMay 3, 2024

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March 2024 Quarterly Market Update

Key points

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