Highlights:
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The US Fed appears to be more cautious about the economy but remains in tightening mode, with a further two rate hikes expected in 2019.
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There are signs of slowing momentum in the US economy but fundamentals remain relatively robust, especially in the labour market.
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The property market has dominated the headlines in Australia, with significant falls in the Sydney and Melbourne markets during 2018.
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Economic growth in Europe is slowing while political risks in the form of Brexit and the Italian budget are fuelling uncertainty.
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Chinese manufacturing contracted in December while markets eagerly awaited the resumption of trade talks in the new year.
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Read full January 2019 market update report >>
