Five reasons why the Australian dollar is likely to resume its upswing over the next 12 months | AMP Capital

Five reasons why the Australian dollar is likely to resume its upswing over the next 12 months   Key Points Since its February high of around $US0.80 the $A the $A has fallen on the back of global growth concerns, a slowdown in China and the Delta outbreak in Australia. However, there is good reason to expect the $A to resume its rising trend: sentiment towards the $A is negative; global growth is likely to …

Big-spending Federal Budget set to spur on the recovery | AMP Capital

Big-spending Federal Budget set to spur on the recovery The 2021 Federal Budget harks back to the immediate post GFC budgets in some ways, with the Treasurer resisting any temptation to start early on the task of budget repair and doubling down on stimulus. The government has announced $96 billion of extra spending over the next four years, but the run of deficits will still be lower than was predicted last October, making this a …

Market Update 5 March 2021

Market Update 5 March 2021 Investment markets and key developments over the past week While share markets had a strong bounce early in the past week as fears around rising bond yields briefly eased they returned later in the week particularly after Fed Chair Powell reiterated the Fed’s dovishness but failed to signal significant concern or action to deal with rising bond yields. As a result, US, Japanese and Chinese shares fell for the week, …

Market Update 29 January 2021

  Market Update 29 January 2021 Investment markets and key developments over the past week Global share markets fell over the past week hit by a combination of concerns around coronavirus, vaccine roll out and delays to extra US stimulus as US day traders added to volatility. Australian shares fell reflecting the weak global lead with resources, IT, financial and industrial shares seeing the biggest falls. Bond yields fell in the US and Europe but were …

What a COVID vaccine means for stocks

What a COVID-19 vaccine means for stocks AMP Capital’s Australian Equities Portfolio Manager, Dermot Ryan, shares why a vaccine could be great news for stocks in 2021. In a massive healthcare breakthrough in the race to save and protect lives from COVID-19, Pfizer and Moderna have both announced some highly promising vaccine trial results. All going to plan, this should save lives and, in time, help us return to some form of normality. While it’s …

Econosights: The outlook for the global economy

Econosights: The outlook for the global economy   Key points Our forecasts anticipate a solid rebound in global GDP growth over 2H2020 across developed economies from re-openings after strict national lockdowns, better management of COVID-19 cases and continued policy support. A cyclical upswing is evident in US indicators of manufacturing, industrial production and housing. Vaccine developments provide upside and downside risks to our views. Our current growth forecasts assume that a vaccine is available by …

Four reasons why share markets can continue to hold up as COVID-19 deepens | AMP Capital

  Four reasons why share markets can continue to hold up as COVID-19 deepens The news around the pandemic in past weeks has not been promising. New COVID-19 cases have shown early signs of stabilising over recent days, but it’s too soon to call a downtrend in new cases. The world’s largest economy remains under siege from COVID-19 as the virus begins to take hold in the Midwest and the Great Plains of the US. …

Econosights: The economics of COVID-19 lockdowns | AMP Capital

Econosights: The economics of COVID-19 lockdowns   Key points Rising COVID-19 cases around the world is leading to questions about the need for another round of government lockdowns to stop the spread of the virus. Lockdowns lead to closed businesses, lower household spending and higher unemployment. But a lot of these outcomes would still occur without a lockdown as households self-regulate their behaviour. Sweden is evidence of this. It has pursued a herd immunity strategy, …

After the Bell: daily market update, July 14 | AMP Capital

ECONOMICS & MARKETS After the Bell: daily market update, July 14 14 Jul, 2020 The ASX spent the day in the red today, and there’s plenty of jitters around as COVID-19 cases continue to spike in NSW and Victoria. Senior economist, Diana Mousina, joins us to explain. 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 …

Is it time to throw out the retirement planning rulebook? | Money & Life

Is it time to throw out the retirement planning rulebook? A ‘mix and match’ approach to advice is replacing one-dimensional thinking around retirement income. Based on their attractive tax treatment, other than the Age Pension, account-based pensions (ABPs) remain a retirees’ primary and often only source of retirement income. However, given that the likes of ABPs and term deposits are agnostic to the individual objectives of retirees, there is a growing appetite by financial planners …