07/06/23 - Global Dairy Trade - RBA - A2 - Synlait - EBOS

Movement is happening across the board as the Global Dairy Trade auction falls 0.9% and JMI Wealth Director Andrew Kelleher comments on the difficulty for the index to string a series of positive results. He then looks at the RBA’s OCR lift and forewarning that rates could go higher as inflation expectations aren’t falling. Lastly, he touches on the significant loss for EBOS as they lose major client Chemist Warehouse. Tune in to hear Andrew’s analysis of these situations. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz