Market Update 23 April 2021 | AMP Capital

Market Update 23 April 2021 Investment markets and key developments over the past week Share markets generally fell over the last week with first worries about the resurgence in global coronavirus cases and then reports that President Biden will propose a doubling in capital gains tax for high income earners weighing on markets. Although Chinese shares managed to rise from a double bottom after sharp falls since February, US, European and Japanese shares fell. Despite the …

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 09 April 2021 | AMP Capital

  Market Update 09 April 2021   Investment markets and key developments over the past week While Japanese and Chinese share fell over the last week, US shares rose to a new record high helped by strong data, stimulus optimism and dovish comments from the Fed and Eurozone shares also rose solidly. Reflecting the strong US lead, RBA dovishness and playing catch up after underperforming the previous week the Australian share market rose sharply to …

Market Update 01 April 2021 | AMP Capital

Market Update 01 April 2021   Investment markets and key developments over the past week While US shares fell fractionally over the last week despite a bounce in tech stocks, Eurozone, Japanese and Chinese shares rose. Australian shares also fell fractionally over the last week with strong gains in industrial and material shares being offset by weakness in utilities, energy, retail and health care stocks. Bond yields generally rose slightly but metal, iron ore and oil …

Market Update 12 March 2021 | AMP Capital

Market Update 12 March 2021 Investment markets and key developments over the past week Share markets rebounded over the last week as bond markets settled down a bit helped by central bank action and as $1.9 trillion in additional US stimulus was signed into law by President Biden. This saw the US share market rise to a record high (albeit the bond sensitive Nasdaq remains 5% down from its high), Eurozone shares rise to their highest …

Shares have had a very strong rebound since March last year so where are we in the investment cycle? | AMP Capital

Shares have had a very strong rebound since March last year so where are we in the investment cycle?   Key points The history of cyclical bull markets in shares suggests that the rebound since last March still has a way to go. But it’s normal for the second 12 months of a cyclical bull market to see slower returns from shares. While shares are vulnerable to a further correction triggered by the spike in …

Market Update 26 February 2021

Market Update 26 February 2021   Investment markets and key developments over the past week Global share markets fell over the last week as the selloff in bonds accelerated raising concerns about valuations. Bond yields increased significantly, particularly in the US and Australia and 10 year yields at their highs on Friday were up by around 100 basis points in the US from last year’s low and by around 130 basis points in Australia, before settling …

Market Update 19 February 2021

Market Update 19 February 2021 Investment markets and key developments over the past week While Japanese shares rose over the last week, US, European and Chinese shares fell on concerns about the impact of rising bond yields on equity market valuations, particularly for high PE tech stocks. Australian shares were boosted early in the week to their highest level in nearly a year by strong earnings results, but reversed course as concerns around rising bond yields …

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. …

Australian housing finance is booming… but can it continue?

Australian housing finance is booming… but can it continue? What the data is saying According to figures from the Australian Bureau of Statistics (ABS) , the total value of new loan commitments for housing and within that, the value of owner occupier home loan commitments each reached record highs last month. Some key figures include: 1. The total value of new loan commitments for housing rose 8.6 per cent to $26 billion (seasonally adjusted.) This …