Market Update 03 July 2020 | AMP Capital

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 …

Market Update 26 June 2020 | AMP Capital

Market Update 26 June 2020 Investment markets and key developments over the past week Most major share markets fell over the last week as concerns about “second waves” of coronavirus cases, uncertainty about the growth outlook and geopolitical risks continue to rattle investors. The weak global lead and concerns about rising cases in Victoria also contributed to a fall in Australian shares with sharp falls in energy, industrial, IT and property shares. Bond yields were little …

How worried should investors be about a “second wave” of Coronavirus cases? | AMP Capital

How worried should investors be about a “second wave” of Coronavirus cases? Key points A serious second wave of coronavirus cases in major developed countries is the biggest risk facing equity markets, and one investors will need to watch closely. However, provided any second wave is relatively mild in terms of pressure on health systems and deaths, its unlikely to cause the economic and investment market havoc seen a few months ago. As such, our …

Market Update 12 June 2020 | AMP Capital

Market Update 12 June 2020 Investment markets and key developments over the past week Share markets fell sharply over the last week on concerns about a second wave of cases in many US states and the pace of economic recovery after cautious Fed comments. This came after a huge rally since the March lows – with US shares rising 44% and Australian shares rising 35% – left shares overbought and due for a pause or pullback. …

Covid-19: Is now the right time to downsize my property? | Q&AMP

As a result of COVID-19 and the rising unemployment rate, many Australians have questions about their retirement and savings, especially whether it’s a good idea to downsize your home right now. AMP Capital senior economist Diana Mousina and financial adviser John Dani discuss downsizing your home in the current state of the residential property market. Watch for an outlook on Australian property prices, the main reasons for selling your home and downsizing, and the key …

After the Bell: daily market update, June 1 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, June 1 01 Jun, 2020 Shane Oliver talks about the day that was in markets, his thoughts on whether Australia could avoid a technical recession, and his level of concern about a second wave of infection. 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 …

10 medium to longer-term implications from the coronavirus shock | AMP Capital

10 medium to longer-term implications from the coronavirus shock Key points Key medium to longer-term implications flowing from the coronavirus shock are: lower for longer interest rates; a further blow to globalisation; another leg up in the US/China cold war; bigger government and public debt; a long-term risk of higher inflation; consumer & investor caution; faster embrace of technology; bad for airlines; another test for the Eurozone; and lower immigration. Some of these will constrain …

Market Update 15 May 2020 | AMP Capital

Market Update 15 May 2020 Investment markets and key developments over the past week Global share markets pulled back over the last week on worries about “second waves” of the COVID-19 virus, the economic outlook and tensions with China. For the week, US shares fell 2.3%, Eurozone shares fell 4.3%, Japanese shares lost 0.7% and Chinese shares fell 1.3%. Australian shares were hit too, through concerns about trade tensions with China and worries about the banks, …

How to protect your mental health during the COVID-19 pandemic | Money & Life

If you’re feeling worried about the impact of COVID-19 on your financial wellbeing, you’re not alone. CoreData reports that 81% of Australians are fearful about the potential impact of the pandemic on their personal finances and the broader economy. While it is a challenging time in many respects, the added burden of financial stress can be especially hard on your mental health. Severe financial stress can lead to symptoms of anxiety and depression, even triggering …

Managing your financial health during the COVID-19 pandemic | Money & Life

Managing your financial health during the COVID-19 pandemic With so much uncertainty about, good financial planning is more important than ever. A quick financial health-check can help you weather the pandemic and reach your financial goals. The COVID-19 pandemic has certainly disrupted our daily lives, forcing us to close entire industries and change our behaviour overnight. With the lockdown directly affecting jobs and the economy, many people’s thoughts quickly turned to their finances. Corey Wastle …