Performance and Market Outlook
Global equity markets were again mixed during the month of July, with US markets continuing to move higher (S&P500 +1.9%), most European markets trading slightly lower (FTSE100 0.8%, STOXX 50 +0.2%, DAX -1.7%), whilst Asian markets were primarily stronger (China Shanghai +2.5%, Hang Seng +6.1%, Nikkei 225 -0.5%). Domestically, the S&P/ASX 200 closed the month flat.
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