4 July 2018

Weekly Insights From The FNArena News Desk 02/07/18

If you want to look for a reason behind the Australian share market’s surprising outperformance in the June quarter, look no further than the fact Australia is one of the world’s primary producers of fossil fuels.

This might seem like a rather awkward explanation, but in the face of an increasingly uncertain outlook for global trade, and for risk assets, and with US government bonds not playing to script and the stronger US dollar playing havoc, the global investment community seems to have decided that when it comes to finding a solid safe haven, under-supplied and well-supported crude oil and related markets will do.

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