Market Update 10 July 2020 Investment markets and key developments over the past week Share markets were mixed over the last week as investors were torn between rising coronavirus cases and US/China tensions on the one hand but indicators of recovery and policy stimulus on the other. US shares rose but gave up some of their initial gains, Eurozone shares fell, Japanese shares rose and Chinese shares surged by 9% or so. Australian shares fell on …
2019-20 saw poor returns – but it could have been much worse Key points 2019-20 saw a rough ride for investors as coronavirus hit resulting in small losses for well diversified investors. Key lessons for investors from the last financial year were to: maintain a well-diversified portfolio; timing market moves is hard; beware the crowd; turn down the noise; and don’t fight the Fed. With coronavirus risks still high, investment markets may see more short-term …
The RBA’s progress report on the Australian economy At the Reserve Bank of Australia’s (RBA’s) meeting this week, there were no great surprises. The central bank left the cash rate on hold at 0.25% for the fourth month in a row, and no change is expected there at the moment. I don’t see the RBA moving into negative territory with rates, as there is no substantial evidence that approach would be effective. The RBA indicated …
Common tax mistakes for SMSFs with rental properties In our recent article we covered tax relief concessions that could be considered where SMSF trustees have agreed to rent reductions for their tenants. Any reduction is decided on a case-by-case basis and the positions of the landlord and tenant. Whether the property is rented on a long-term or short-term basis, there are some simple lessons to be remembered to ensure the fund complies with the rules. …
ECONOMICS & MARKETS After the Bell: daily market update, July 9 09 Jul, 2020 Markets edged slightly higher today, new housing finance data was released, and it’s still not looking good in Victoria in terms of COVID-19 cases. Our senior economist, Diana Mousina, shares her thoughts. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP Capital Funds …
ECONOMICS & MARKETS After the Bell: daily market update, July 8 08 Jul, 2020 Another fall on the ASX today, and Victoria is coming to terms with new lockdown orders from Dan Andrews. Talking through the day that was, and the potential impact of this new lockdown, is our senior economist Diana Mousina. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 …
ECONOMICS & MARKETS After the Bell: daily market update, July 7 07 Jul, 2020 Not a great day on the ASX, Victorian premier Dan Andrews has announced a new lockdown, and the central bank also met today. Our senior economist, Diana Mousina, talks us through the last 24 hours. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and …
ECONOMICS & MARKETS After the Bell: daily market update, July 6 Markets started the week lower, and it looks like the upswing in COVID-19 cases remains front of mind. Our chief economist, Shane Oliver, wraps the day that was and talks through how last week closed for global markets. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and …
ECONOMICS & MARKETS After the Bell: daily market update, July 3 03 Jul, 2020 The market notched up its fourth day of gains for the week in Australia. Diana Mousina recaps the day that was, and talks through how infection numbers are tracking worldwide. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP Capital Funds Management Limited …
Market Update 03 July 2020 Investment markets and key developments over the past week Despite ongoing concerns about coronavirus most major share markets saw solid gains over the last week helped by good economic data, positive vaccine news and policy stimulus. Japanese shares fell but US shares rose 4% in a holiday shortened week, Eurozone shares rose and Chinese shares surged above their pre-coronavirus highs. The strong global lead also helped the Australian share market overcome …
