Tag: downside
Market Update 3 April 2020 | AMP Capital
Market Update 3 April 2020 Investment markets and key developments over the past week Coronavirus concerns continued to create volatility in investment markets over the past week, but the good news is that it remains both up and down volatility on a day to day basis as opposed to straight down as was the case up until a couple of weeks ago. US, European and Japanese shares gave up some of their gains from the previous …
Market Update 27 March 2020 | AMP Capital
Market Update 27 March 2020 Investment markets and key developments over the past week After 30% plus falls from their highs earlier this year, share markets had a welcome rebound over the last week. While the number of coronavirus cases continues to soar and economic data beyond China is now starting to show the huge impact from the shutdowns, share markets managed to rebound because a lot of bad news had already been factored in and …
Market Update 13 March 2020 | AMP Capital
Investment markets and key developments over the past week Share markets collapsed over the past week as concerns about the global economic impact of the coronavirus intensified, oil prices plunged as part of the secondary impact and policy responses by President Trump and the ECB were seen as not enough. Australian share fell around 20% with energy shares leading the way down but selling was broad based with industrials, financials and property stocks hit hard given …
Is the Australian dollar headed for more downside?
Is the Australian dollar headed for more downside? AMP Capital chief economist Shane Oliver says he expects the Australian dollar ($A) to weaken further – making unhedged offshore investments more attractive — as interest rates continue to rise in the US. However solid commodity prices should put a floor under falls. So far this year the $A has fallen from around US$0.80 to around US$0.72. “I think the likelihood is it’s got more downside,” …