ECONOMICS & MARKETS After the Bell: daily market update, April 9 09 Apr, 2020 The ASX was up and some rallies have been creeping through in recent weeks. Our senior economist, Diana Mousina, talks us through the day and the week that was in markets, and what’s on the calendar for the weeks ahead. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 …
Investment markets and key developments over the past week Share markets pushed higher again over the past week on the back of a declining number of new coronavirus cases in several countries raising the prospect of a relaxation in shutdowns, as policy stimulus measures continued to provide confidence that the economic downturn may be relatively short and as talk of a cut in global oil production boosted energy shares. While Australian banks were hit on talk …
Tax deductions and working from home during COVID-19 Did you know that one in three employees claims a tax deduction for work expenses for work done away from their employer’s workplace? With the explosion in the numbers of people now working from home due to COVID-19, the situation has changed significantly. The ATO says that in the past, claims for ‘home office’ expenses were relatively small for work occasionally done at home, such as at …
What happens in Australia if the US market crashes? The COVID-19 situation in the United States is looking dire from a human health perspective. With the US still leading global markets, it’s fair to question to what extent Australia will be impacted by the fallout, in spite of its own containment progress. While it remains true that the US does lead markets, we see a divergence between the COVID-19 experience in Australia and the US, …
ECONOMICS & MARKETS After the Bell: daily market update, April 8 08 Apr, 2020 Banks led the way down on local markets today, though there were some pockets of gains. Chief economist Shane Oliver talks us through the day that was, does a recap on markets since February, and lists signs to watch for which may indicate markets have bottomed. Important information While every care has been taken in the preparation of this video, …
What signposts can we watch to be confident shares have bottomed? Key points While shares have rallied 15-20% from their March low and may have started a bottoming process, it’s still too early to say with confidence we have seen the low for this bear market. Key signposts to watch for are: signs that the virus can soon be contained (here the evidence is starting to look better); monetary & fiscal stimulus to minimise collateral …
Key highlights from the RBA’s April board meeting Today the Reserve Bank of Australia (RBA) held its regular board meeting, albeit in extraordinary times for Australia and indeed the world. What we saw today from the RBA was no monetary policy changes, for the simple reason that less than three weeks ago, they made some radical changes in response to the COVID-19 pandemic. The RBA instead reaffirmed its recent actions – cutting the cash rate …
ECONOMICS & MARKETS After the Bell: daily market update, April 7 07 Apr, 2020 A surprising fall for local markets today, as well as an update from the RBA on how it feels about financial markets following its radical measures a few weeks ago. Chief economist Diana Mousina joins us for today’s update. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 …
Buy, sell or sit tight? Tips for Australians buying or selling a home during COVID-19 Some people are reacting by sitting tight and waiting for the housing market to smooth out. But it may not be so easy to put your plans on hold. You might have pre-approval for a home loan. You might need to get into a school zone for the start of the year. You might have a baby on the way. …
Share markets are falling. Should you be thinking about your super? Lakshman Anantakrishnan, Chief Investment Office of AMP Australia discusses the importance of understanding the risk in your portfolio. Original Author: Produced by AMP and published on 06/04/2020 Source
