Newsletter, Skill Building for Women by Women Seminar, Fast SJP facts, Corelogic Property Pulse, Infolio Market insights and more.

Firstly, to celebrate the upcoming International Women’s Day, we’d like to invite you to the “Skill Building for Women, by Women Seminar” with THE EXPATRIATE Wealth Management Specialist Sharon Calderini as guest speaker, joined by Fariha Salahuddin HR Expert and Transformation Coach and Clotilde Iaia Law Expert. Use the QR code above to register your interest.

So, who is the BIGGEST financial planning firm in the UK? David Gardner takes some time to share some fast facts with us about St. James’s Place.

Thanks, David Gardner for sharing the SJP fast facts with our community;

1. St. James’s Place (SJP) is an FTSE 100 Company

2. SJP is Britain's Largest Wealth Management Company with over 900,000 clients.

3. Boasting 155 Billion Pounds worth of assets under the SJP Management.

4. The business started over 30 years ago.

5. 4000 advisors in the UK alone

6. David is a Senior Partner of SJP, and Founding Partner of SJP in Dubai.

7. He and SJP also have experience helping clients in Singapore and Hong Kong.

8. SJP Dubai office is in the DIFC

Melbourne Property Specialist Lauren Staley shared her thoughts on the current Melbourne Property market and why it is essential to be prepared for the challenges ahead.

The 2024 property market has officially launched and ramped up, boasting a significant influx of new property listings.  A notable agent in the Bayside area has shared that they've secured over 30 new listings, marking this year's start as their busiest ever.

While the bottom of the market has come and gone, I’m still optimistic about finding good buying opportunities. However, acting swiftly as the market is rapidly gaining momentum is essential. As the year progresses, securing a property at a reasonable price might become increasingly challenging.

To read Lauren’s Full Blog, click here

Next, we move to the CoreLogic Property Pulse Report and discover that the gap widens between house and unit values

CoreLogic Property Pulse Report has found there has been a growing gap between house and unit dwelling values. As house prices rise more than unit prices, we show which areas have the biggest and smallest price differences.

To discover the biggest and smallest differences in house V Unit values, click in the link below;

Lastly, Send Payments have shared their weekly update with us;

Send 26/02/2024 Currency Trading update!

Market Conditions and what’s on the calendar 🗓️

1. Australian Wage Increases:

   • Wage increases in Australia for the final quarter of 2023 exceeded market expectations, with a quarter-on-quarter rise of 0.9% and an annual increase of 4.2%.

   • This development is expected to influence the Reserve Bank of Australia (RBA) to maintain a cautious approach regarding potential interest rate cuts.

2. RBA's Stance and Market Dynamics:

   • RBA's February meeting minutes indicated a possibility of raising interest rates if deemed necessary.

   • Analysts, including Catherine Birch from ANZ Bank, anticipate the cash rate to remain at 4.35% until November, potentially challenging market expectations of a rate cut around June.

   • AUD/USD held positive momentum, around 0.6565, in the early Asian session.

3. Upcoming Economic Events:

   • Focus shifts to the Australian monthly Consumer Price Index (CPI) and US Gross Domestic Product Annualised (Q4) as crucial upcoming events.

   • AUD/USD is currently trading near 0.6565, gaining 0.04% on the day, with investors awaiting fresh impetus from the Australian CPI release on Wednesday.

4. Fed's Concerns and USD Dynamics:

   • Several Federal Reserve (Fed) officials expressed concerns about the risks associated with cutting interest rates prematurely, emphasising the need for further evidence of inflation reaching the 2% target.

   • The US Dollar Index (DXY) hovers around the 104.00 mark, and the higher-for-longer rate narrative in the US may act as a headwind for the AUD/USD pair.

To read the full Currency Update including key events to watch out for next week, click on the link below;

Stay tuned for more blogs and updates

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