Market Update 16 July | AMP Capital

Market Update 16 July   Investment markets and key developments over the past week Share markets were buffeted again by higher inflation and mixed messages from various central banks over the last week. While US and European shares fell slightly, Japanese, Chinese and Australian shares rose benefitting from the rally in US shares at the end of the previous week. The gain in Australian shares came despite bad news on lockdowns and was led by utility, …

AMP’s Tomorrow Fund 2021

AMP’s Tomorrow Fund is again offering amazing Australians doing great things the chance to share in $1 million in grants. Individuals of all ages, interests and walks of life who are working to make a positive impact can apply by 9 June 2021 at https://www.ampstomorrowfund.com.au/ Original Author: Produced by AMP and published on 30/04/2021 Source You may also like 14 money mistakes to avoid in your younger years 14 money mistakes to avoid in your younger …

Market Update 16 April 2021 | AMP Capital

Market Update 16 April 2021 Investment markets and key developments over the past week While Japanese and Chinese shares fell again over the last week, US and European shares pushed higher helped by good economic data, a strong start to the US earnings reporting season, ongoing dovish comments from the Fed and tame bond yields. Reflecting the strong US lead, strong local data on confidence and jobs and a bit of catch-up Australian shares rose to …

Market Update 12 February 2021

Market Update 12 February 2021 Investment markets and key developments over the past week Global share markets rose again over the last week helped by good US earnings, declining new coronavirus cases and ongoing assurance of easy monetary policy and US fiscal stimulus. Australian shares fell slightly for the week though led by declines in energy, industrial, material and utility stocks not helped by Friday’s news of yet another snap lockdown – this time in Victoria. …

Market Update 18 December 2020 | AMP Capital

Market Update 18 December 2020 Investment markets and key developments over the past week Global share markets pushed higher again over the last week as the roll out of vaccines and US stimulus optimism offset uncertainties about the near-term impact from lockdowns. While the latest coronavirus outbreak in Sydney weighed on Australian shares on Friday, the local share market still rose for a seventh week in a row helped by the positive global lead and stronger …

Market Update 04 December 2020

Market Update 04 December 2020 Investment markets and key developments over the past week Global share markets mostly pushed higher again over the last week helped by reasonably good economic data, renewed stimulus talk in the US and ongoing vaccine optimism. Eurozone shares slipped a bit, but other major markets rose with US shares reaching a new record high. Reflecting the strong global lead, stronger than expected Australian economic data and a surging iron ore price …

Market Update 27 November 2020

Market Update 27 November 2020 Investment markets and key developments over the past week Global share markets pushed higher again over the last week as positive vaccine news helped offset fears about the short-term economic impact of lockdowns in the US and Europe. US shares made it to a new record high as President elect Biden’s nomination of Janet Yellen as Treasury Secretary was seen as positive. Reflecting the positive global lead Australian shares had a …

Market Update 30 October 2020

Market Update 30 October 2020   Investment markets and key developments over the past week Global share markets mostly fell again over the past week on the back of rising new coronavirus cases in Europe and the US, new lockdowns in Europe, signs of a tightening election in the US raising the prospect of a contested election and the absence of any progress towards a pre-election fiscal stimulus in the US. Reflecting the week global lead …

Market Update 25 September 2020 | AMP Capital

Market Update 25 September 2020 Investment markets and key developments over the past week Global share markets fell again over the last week on concerns about rising coronavirus cases, tightening social distancing restrictions in Europe and the lack of progress towards additional fiscal stimulus in the US. Despite a rally late in the week, US shares fell 0.6%, eurozone shares lost 4.2%, Japanese shares fell 0.7% and Chinese shares fell 3.5%. Australian shares however managed a …

RBA holds – but more stimulus likely as Victorian lockdown to knock at least $12bn from national GDP | AMP Capital

RBA holds – but more stimulus likely as Victorian lockdown to knock at least $12bn from national GDP Key points Victoria’s tightening lockdown could knock at least $12bn off the Victorian and national economy and delay the return to positive Australian GDP growth to the December quarter. The further hit to the economy and likely additional upwards pressure on unemployment is increasing pressure for more policy stimulus. This is likely to see the federal budget …