Virtuous Wealth and GPS Wealth present the July 2026 GPS Wealth Monthly Market Update. These updates from our licensee group assist us with strategies and give context to investment decisions.
Volatility dominated markets in July 2026 as fears that rising memory-chip prices could curb data centre spending hit tech stocks, sending the NASDAQ down 3.10%, while renewed Iran conflict pushed Brent crude up 24% and drove the US 30-year bond yield to 5.18%, its highest in almost twenty years. The Australian share market still gained 2.2% on softer inflation data, with the RBA holding the cash rate at 4.35% for a second consecutive meeting even as Governor Bullock kept a hawkish tone, and home prices cooled sharply as investor mortgage applications fell around 30% following the budget’s negative gearing changes.
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