For the first time in 2025, tariff developments weren’t the major driver of monthly market movements. August performance was instead driven by regional news.

Our July 2025 monthly market review reviews recent trade developments with the US and how the RBA assesses the current inflation landscape.

Our June 2025 monthly market review discusses why even with perfect foresight, markets don’t move as we may expect them to.

Our May 2025 monthly market review discusses the importance of portfolio diversification amidst prolonged market volatility.

Our April 2025 monthly market review previews the the ongoing US trade policy uncertainty and the importance of remaining invested.

Our March 2025 market report reviews the first quarter of the year and how we are positioned to weather ongoing market volatility.