Market Movements and Economic Review (July 2025)

Wars in Europe and the Middle East, volatile oil prices and shifting US policies are making headlines - but failing to dampen market optimism.

The ASX closed the financial year with a near 10% return – its strongest since the COVID-19 crisis and despite US tariff threats.

Despite tariff risks for the US economy, the S&P 500 index surged to a four-month high on hopes of future rate cuts and smooth trade negotiations.

Please click on the video below to view our July update.

Please contact our office if you’d like assistance with your personal financial situation.

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Ben Wieland | EGU Wealth Management
Partner and Senior Wealth Manager

1300 102 542 | 0423 710 820
ben@egu.au | www.egu.au
GPO Box 1598 Brisbane QLD 4001

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