Equity markets fell for the second consecutive month as higher bond yields placed pressure on market valuations. Despite a stronger energy sector, the Australian market fell by 2.8% while the US market declined by 4.8% weighed down by higher US Treasury yields and growing concern about the burgeoning US federal

Equity markets took a breather in August with most major stock markets finishing in negative territory. Despite Fed Chairman Powell indicating rates would be on hold for now, the US market declined 1.8% and the NASDAQ fell 2.2% following the release of Q2 profit results which showed in aggregate that