Weekly Market Update 8 November 2019

Weekly Market Update 8 November 2019 Investment markets and key developments over the past week The past week saw most share markets push higher on the back of positive news regarding US/China trade talks, benign economic data and some optimism that global growth will pick up, with the US share market making it to a new record high. Australian shares benefitted from the positive global led by strong gains in resources, IT and consumer discretionary …

Weekly Market Update 1 November 2019

Weekly Market Update 1 November 2019 Investment markets and key developments over the past week The past week saw US shares push to new record highs helped by good earnings results and Fed easing, but other share markets were soft not helped by mixed news on US/China trade talks and still soft global economic data. Increasing talk that the RBA may be done cutting saw the Australian share market fall led lower by financials, consumer and …

Weekly Market Update 25 October 2019

Weekly Market Update 25 October 2019 Investment markets and key developments over the past week The past week saw most major share markets push higher helped by generally good US earnings reports, benign geopolitical news and optimism that global recession will be avoided. Australian shares benefitted from the positive global lead with strong gains in resources, utilities, consumer discretionary, health and property stocks. Bond yields rose in the US but fell slightly elsewhere. Commodity prices …

Weekly Market Update 18 October 2019

Weekly Market Update 18 October 2019 Investment markets and key developments over the past week The past week saw major share markets continue to push higher helped by the lessening in geopolitical risks around trade and Brexit and a solid start to US September quarter earnings reports. Australian shares also rose with solid gains in energy, health, consumer discretionary, industrial and financial shares but a sharp fall in material stocks and reduced expectations for rate cuts …

Weekly Market Update 11 October 2019

Weekly Market Update 11 October 2019 Investment markets and key developments over the past week Investment markets were whipsawed over the past week by conflicting reports regarding prospects for the latest US/China face to face trade talks in Washington on Thursday and Friday, with optimism prevailing later in the week. US shares still fell but Eurozone, Japanese and Chinese shares all rose. Australian shares also rose led by health, telco, IT and industrial shares. Trade talk …

Weekly Market Update 4 October 2019

Weekly Market Update 4 October 2019 Investment markets and key developments over the past week Global share markets fell again over the last week on the back of increasing concerns about US and global growth after another fall in the US manufacturing conditions ISM index. Global growth fears also weighed on the Australian share market with all sectors in the red but particularly financials which were also hit by the latest RBA rate cut, tech stocks …

Weekly Market Update 27 September 2019

Weekly Market Update 27 September 2019 Investment markets and key developments over the past week Share markets fell over the last week on the back geopolitical concerns with Democrats opening an impeachment inquiry into President Trump, ongoing trade war uncertainties and more Brexit mayhem at the same time that global business conditions PMIs remained soft. Australian shares were dragged lower by the poor global lead with telcos and resources stocks down sharply but with real estate, …

Weekly Market Update 20 September 2019

Weekly Market Update 20 September 2019 Investment markets and key developments over the past week After several weeks of gains share markets were mixed over the last week as the attack on Saudi Arabian oil production provided a reminder of risks in the Middle East, global economic data was mixed and the Fed cut rates again. US and Eurozone shares were little changed, Japanese shares rose and Chinese shares fell not being helped by weak economic …

Weekly Market Update 13 September 2019

Weekly Market Update 13 September 2019 Investment markets and key developments over the past week The good news continued over the last week with the US and China trading goodwill gestures on the trade war front, signs of a de-escalation of tensions with Iran and the ECB announcing a broad-based monetary easing. This saw share markets have another week of solid gains – with US and global shares coming close to the record highs seen in …

Weekly Market Update 6 September 2019

Weekly Market Update 6 September 2019 Investment markets and key developments over the past week Good news week! It certainly seemed that way for financial markets with a lot of relatively small positives – the US and China indicating that face to face trade war talks will start again next month, Hong Kong withdrawing the extradition bill, the UK parliament standing up to block a “no-deal Brexit” and confirmation that Italy has a new government …