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INSIGHTS

Global markets moved higher while Australian equity and bond markets struggled on the back of a higher than expected inflation print that leaves the RBA with little ability to cut rates anytime soon.

It was a poor week for financial markets, which sold off on the back of geopolitical risks in the Middle East along with higher than forecast inflation prints out of the US, which absolutely confirms that the Fed is in no rush to cut cash rates. 

Financial markets continued their upward trajectory over March, ending a strong 1Q24, continuing to be buoyed by the relative strength of the US economy.