Weekly Market Update 13 December 2019

Weekly Market Update 13 December 2019 Investment markets and key developments over the past week The past week saw good news on the geopolitical front with the US and China reaching a Phase 1 trade deal, Congressional agreement on the USMCA (NAFTA replacement), Congress averting another US Government shutdown from December 20 and the Conservatives on track for a big majority in the UK’s election. This pushed most global share markets higher, with the exception of …

Weekly Market Update 6 December 2019

Weekly Market Update 6 December 2019 Investment markets and key developments over the past week Share markets were mixed over the last week with falls in the US and Europe on trade war fears and mixed economic data, but Japanese shares rose on fiscal stimulus plans and Chinese shares rose too. The Australian share market fell back from record highs taking its lead from the declines in US shares and worries about global trade but with …

Weekly Market Update 29 November 2019

Weekly Market Update 29 November 2019 Investment markets and key developments over the past week Share markets rose over the last week helped by optimism regarding a US/China trade deal and mostly okay economic data with US shares reaching a new record high. Australian shares also broke out to a new record high helped by the positive global lead with strong gains in telcos, health, energy and IT stocks offsetting more constrained increases in financials with …

Weekly Market Update 22 November 2019

Weekly Market Update 22 November 2019 Investment markets and key developments over the past week Most share markets fell over the last week as uncertainty about whether the US and China will agree a Phase One trade deal ramped up amidst a range of conflicting reports. This comes at a time when markets are vulnerable to a consolidation or correction after strong gains since early October has left investor sentiment at elevated levels. Australian shares got …

Weekly Market Update 15 November 2019

Weekly Market Update 15 November 2019 Investment markets and key developments over the past week The past week saw some cautiousness creep back into share markets with increased uncertainty about a US/China trade deal coming at a time when major share markets had become a bit vulnerable to a pull back after a run of good gains since early October. US shares managed to rise slightly but Eurozone and Japanese shares fell slightly, and Chinese shares …

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 …