Weekly Market Update 28 June 2019 Investment markets and key developments over the past week Global shares slipped over the last week on the back of uncertainty ahead of the Trump/Xi meeting at the G20 and fears that the Fed may not be dovish enough in the face of soft data. Bond yields were flat to down reflecting global uncertainties, expectations for monetary easing and safe haven demand. Oil prices rose on continuing US/Iran tensions and …
Weekly Market Update 21 June 2019 Investment markets and key developments over the past week Share markets pushed higher over the last week as the Fed and the ECB hinted strongly at monetary easing ahead and as it was confirmed that Presidents Trump and Xi will meet on the sidelines of the 28-29 June G20 meeting in Japan. Expectations for monetary easing saw bond yields push even lower with a new record low in Australia. Commodity …
Weekly Market Update 14 June 2019 Investment markets and key developments over the past week Share markets, rose over the past week with the combination of expectations for rate cuts/policy stimulus and the tariffs being avoided on Mexico offsetting ongoing uncertainty about the US/China trade war and geopolitical tensions in the Middle East and Hong Kong. Australian shares made it to an 11 year high led by resources stocks and defensive sectors like healthcare, telcos and …
Weekly Market Update 7 June 2019 Investment markets and key developments over the past week Share markets, except for China’s, rose over the last week on increasing prospects for Fed rate cuts in response to the negative impact of trade wars.The Australian share market also saw a modest boost from the RBA cutting rates. The prospect of more rate cuts and easier monetary policy left bond yields flat to down. Commodity prices were mixed with …
Weekly Market Update 31 May 2019 Investment markets and key developments over the past week Global share markets fell again over the last week on the back of worries about global growth in the face of the escalating US/China trade war, made worse by Trump’s decision to put a 5% tariff on imports from Mexico rising to 25% by October unless it stops illegal immigration. Australian shares were dragged lower too as post-election euphoria wore off …
Weekly Market Update 24 May 2019 Investment markets and key developments over the past week Global share markets fell over past week amid escalating noise around the US/China trade war and increasing signs that it may be impacting business conditions. However, Australia’s “miracle” election set off a surge in the Australian share market with investors pricing out the risk of a Labor Government which resulted in a surge in bank, retail and property shares more than …
What the Coalition’s election victory means for Australia’s economy With the Coalition returning to government following Saturday’s Federal election, it’s likely to be business as usual for the Australian economy. AMP Capital Senior Economist Diana Mousina says the Coalition’s focus in the near term will remain on providing tax relief to low-and-middle-income households, which was the focus of this year’s Federal budget. This tax relief represents about 0.5 per cent of gross domestic product (GDP). …
Weekly Market Update 17 May 2019 Investment markets and key developments over the past week Share markets fell earlier in the past week as the trade war continued to escalate, before rebounding helped by better economic and earnings news and hopes of a trade deal. This left share markets mixed with US and Chinese shares down slightly, but Eurozone, Japanese and Australian shares up. Australian shares saw strong gains in resources stocks helped by rising iron …
Should investors be worried about the election outcome? We’re in the midst of the 2019 Federal election campaign, and some investors may be worried about the impact of the outcome on investment markets. There is definitely a clearer difference between the major parties this time, which is creating more uncertainty than in previous campaigns. But those differences aren’t as extreme in many other countries around the world. While the election result may trigger some short-term …
The trade war is back – what went wrong, what it means for share markets and Australia Key points Consumer expectations of instant gratification are driving down delivery times Labour shortages and traffic congestion highlight the criticality of well-located logistics facilities The trade war between the US and China has returned after talks to resolve their trade differences broke down. Our base case remains that a deal will be reached to resolve …
