Market Update 09 September 2022 | AMP Capital

Market Update 09 September 2022 Investment markets and key developments over the past week Sharemarkets were mostly up over past week, with the US lifting by 2.1%, Australia +0.7%, Japan +2.1% and China +2.3%. The exception was in the Eurozone where equities fell by 0.9%. After global sharemarkets rallied hard from mid-June to August on expectations of a “central bank pivot” from aggressive rate hikes, shares had been on a downtrend since then as central …

Market Update 02 September 2022 | AMP Capital

Market Update 02 September 2022 Investment markets & key developments Global share markets remained under pressure over the last week on the back of continuing mostly hawkish comments from the Fed and ECB and ongoing concerns about recession. Australian shares had remained a bit more resilient through August than global shares did (helped by mostly positive earnings reports) but are now coming under pressure too with falls over the last week led by miners, energy, …

Market Update 26 August 2022 | AMP Capital

Market Update 26 August 2022 Investment markets and key developments over the past week Sharemarkets were down slightly over the week reflecting 1) a pause in the rally that started in mid-June and 2) uncertainty before Fed chair Powell’s speech at Jackson Hole meeting on Friday morning (US time). US shares were down 0.7% so far, with the largest falls in tech, healthcare, consumer discretionary while energy and materials were up. Australian shares are down slightly …

Market Update 19 August 2022 | AMP Capital

Market Update 19 August 2022   Investment markets & key developments The global share market rebound faltered a bit over the last week with mixed economic data and mostly hawkish messages from central banks. US and European shares were little changed, Japanese shares rose and Chinese shares fell. The Australian share market rose solidly though helped by strong earnings results for some companies led by strong gains in retail, resources and industrial stocks. Bond yields …

Market Update 12 August 2022 | AMP Capital

Market Update 12 August 2022   Investment markets & key developments The share market rebound continued over the last week helped by weaker than expected US inflation data. Australian shares were little changed though with strong gains in resources largely offset by sharp falls in IT, health and property shares. Bond yields generally rose as the fall in yields in prior weeks had gone a little too far too fast. Oil prices rose partly due …

Market Update 5 August 2022 | AMP Capital

Market Update 5 August 2022 Investment markets & key developments The rebound in share markets continued over the last week helped by good earnings data and relief that increased China/US tensions resulting from US House Speaker Nancy Pelosi’s visit to Taiwan did not spill over into a more serious conflict (at least not yet). The positive global lead along with signs of slightly diminished hawkishness from the RBA pushed the Australian share market higher with …

Market Update 29 July 2022 | AMP Capital

Market Update 29 July 2022   Investment markets & key developments The bounce back in shares continued over the last week on hopes that slowing growth will see central banks ease up on the pace of monetary tightening helped along by mostly good earnings results. However, while US and European shares rose, Japanese and Chinese shares fell. The positive global lead along with a less bad than feared CPI result reducing the risk of a …

Market Update 15 July 2022 | AMP Capital

Market Update 15 July 2022 Investment markets & key developments Share markets mostly fell over the last week on fears that still rising inflation will trigger faster rate hikes and recession. While Japanese shares rose, US, European and Chinese shares fell. The fall in Eurozone shares was magnified by the risk of a permanent shutdown of Russian gas flowing through the Nordstream 1 pipeline to Germany following a maintenance shutdown and another political crisis in …

Market Update 8 July 2022 | AMP Capital

Market Update 8 July 2022   Investment markets & key developments Share markets mostly rose over the last week on hopes that central banks will be able to tame inflation without causing a recession. However, it was messy with Eurozone shares – where the risk of recession is greatest – first making a new bear market low earlier in the week. Australian shares followed the global lead higher with very strong gains in IT, consumer …

Market Update 1 July 2022 | AMP Capital

Market Update 1 July 2022   Investment markets & key developments Recession fears dominated over the last week pushing US, European and Japanese shares down, although Chinese shares (having already had a 35% bear market) rose. Australian shares were little changed with gains in utilities, energy and industrials offset by falls in property, IT and telco shares. Recession fears also pushed down long-term bond yields, oil prices and metal prices with the iron ore price …