Market Update 20 May 2022 | AMP Capital

Market Update 20 May 2022 Investment markets & key developments It was another volatile weak in share markets with worries that rate hikes, cost pressures and Chinese supply disruptions would hit profits after downgrades from some US retailers and tech stocks. This left US and Eurozone shares down, but Japanese, Chinese and Australian shares rose helped by monetary easing in China. In Australia gains in IT, utility and material shares more than offset falls in …

Market Update 13 May 2022 | AMP Capital

Market Update 13 May 2022 Share markets fell again over the last week with ongoing worries about monetary tightening to combat high inflation driving a possible recession. The plunge in global shares also dragged down the Australian share market which saw sharp falls in IT, material, property and industrial shares with only health stocks rising for the week. Global bond yields pulled back from their highs, oil, metal and iron ore prices fell and the …

Investment markets and key developments over the past week | AMP Capital

Investment markets and key developments over the past week It was a turbulent week for markets after the US Federal Reserve raised interest rates by 0.5% at its May board meeting. This outcome was expected by the market and economists and the market actually rose from comments by Fed Chair Powell that 0.75% rate rises was “not something that the committee is actively considering” which alleviated fears of an extremely aggressive short-term rate hike profile …

Market Update 22 April 2022 | AMP Capital

Market Update 22 April 2022 Investment markets and key developments over the past week Share markets were mixed over the last week with solid gains initially, helped by strong US earnings results, but a resumption of interest rate concerns weighing later in the week. Eurozone shares rose, US shares were basically flat but with bond sensitive tech stocks weighing and Japanese and Chinese shares fell. Australian shares almost made it to a record high but got …

Market Update 8 April 2022 | AMP Capital

Market Update 8 April 2022 Investment markets and key developments over the past week Global share markets fell over the last week mainly on the back of hawkish central banks and ever rising bond yields. Australian shares also fell slightly with strength in utilities and energy stocks offset by weakness in retailers, IT and materials. Bond yields rose sharply, and oil, metal and iron ore prices fell. While the $A briefly made it above $US0.76 it …

Market Update 1 April 2022 | AMP Capital

Market Update 1 April 2022 Investment markets and key developments over the past week It was a mixed week for markets in terms of the economic data and news flow. US equities started the week strong, but are still down by 0.3% over the week (and ~6% below January highs), European shares had a good rebound up by 0.9% (but are still 11% below January levels), Japanese shares were 1.8% lower, Chinese shares continued to …

Oliver’s Insights – Five big picture implications of the war in Ukraine of relevance for investors – and why are Australian shares holding up better?

Oliver’s Insights – Five big picture implications of the war in Ukraine of relevance for investors – and why are Australian shares holding up better? Key points The situation regarding Ukraine is at high risk of getting worse before it gets better for investment markets. The key is how much Russian energy exports are disrupted & whether NATO forces avoid the conflict. Five big picture implications are likely to be: increased geopolitical tensions; reduced globalisation; …

The US Federal Reserve starts raising interest rates – implications for Australia and investors | AMP Capital

The US Federal Reserve starts raising interest rates – implications for Australia and investors Key Points The Fed has finally joined other central banks in raising interest rates, taking the Fed Funds rate from a range of 0-0.25% to 0.25-0.5%. This was well flagged and reflects the tight US labour market and high inflation. The Fed flagged another six rate hikes this year and the start of quantitative tightening soon. First rate hikes in a …

Market Update 18 March 2022 | AMP Capital

Market Update 18 March 2022 Investment markets and key developments over the past week The past week saw share markets rebound helped by optimism about a peace deal in Ukraine, a fall back in oil prices, relief that the Fed’s first rate hike was broadly as expected with the Fed seeing the US economy as strong and indications that China will provide more policy stimulus partly to combat covid related lockdowns. This saw strong gains in …

Econosights: Europe recession risks– implications from the war in Ukraine | AMP Capital

Econosights: Europe recession risks– implications from the war in Ukraine Key points Eurozone inflation is likely to be well over 6% per annum by mid-year from high commodity prices lifting electricity, gas and petrol costs. This will hit consumer spending. Risks of a Eurozone recession in the first half of 2022 are high. The US should avoid recession for now. The ECB appears too optimistic on the growth outlook despite the conflict in Ukraine which …