Markets were relatively subdued over November with the exception of a short lived dip due to the events in Paris. The New Zealand share market rose alongside global markets, returning 1.9% over the month. Global bonds were influenced by the rhetoric and expectations of central banks around the world in their respective markets. The rebound of the New Zealand dollar during October was short lived as November saw the NZD down against most of the major currencies. Expectations continue to grow for a December rate hike by the US Federal Reserve.
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