In July 2025, Australian markets showed cautious optimism with the ASX 200 rising 2.04%, supported by strong mining results and stable Reserve Bank guidance despite some volatility. The US S&P 500 outperformed at 2.67% jump with solid tech earnings and optimism over monetary policy. The Australian housing market saw its fifth consecutive month of growth, up 0.6% in June, driven by earlier rate cuts and tight supply, though growth was more moderate compared to previous surges. Inflation eased to 2.1%, the lowest since 2021, and the Reserve Bank held interest rates steady at 3.85%, favouring a cautious approach amid steady jobs data and global uncertainties.
