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 25 February 2022 Investment markets and key developments over the past week Share markets were hit over the last week as Ukraine tensions escalated and then Russia invaded Ukraine. Although Russia has indicated it does not plan to occupy Ukraine it has indicated that its attack is aimed at its “demilitarization and denazification.” While US shares saw a small bounce on Wednesday on hopes that a worsening of the energy crisis would be …
The escalation in Ukraine tensions – implications for investors Key Points Ukraine tensions have escalated with Russia ordering troops into Ukraine regions already occupied by Russian separatists. Share markets are at high risk of more downside on fear of further escalation and uncertainty about sanctions/gas supply to Europe. The history of crisis events shows a short term hit to markets followed by a rebound over 3 to 12 months. Given the difficulty in timing …
Market Update 4 February Source: Bloomberg, FXStreet, AMP Investment markets & key developments Share markets saw another volatile week. Shares initially rose from oversold conditions helped by good US earnings results, but rate hike expectations, particularly in Europe and in the US after very strong US payrolls and divergent tech sector earnings news, added to volatility. Despite a hit from an earnings-miss by Facebook, US shares rose around 1.6% for the week and Japanese shares gained …
The RBA ends bond buying – but remains “patient” on rates. We expect the first rate hike in August Key Points The RBA will end quantitative easing this month. While it now sees unemployment falling below 4% and higher inflation it is prepared to be “patient” for now. We expect rate hikes to commence in August. Ultimately, we see the cash rate rising to around 1.5 to 2% in the years ahead but it’s …
Market Update 19 November Investment markets & key developments Global share markets mostly rose over the last week helped by strong US economic data. US, European and Japanese shares rose but Chinese shares fell. Australian shares also fell with sharp falls in financials on the back of bank margin concerns and in resources stocks reflecting lower oil and iron ore prices. Bond yields were mixed – up slightly in the US and Australia but down …
Market Update 15 October Investment markets & key developments Global share markets mostly rose over the last week helped by a good start to the US earnings reporting season, solid economic data and US inflation data not being as bad as feared. The positive global lead also saw Australian shares rise led by materials, IT, health and property stocks. Bond yields pulled back a bit after their recent rise but oil, metal and iron prices rose …
Market Update 8 October Investment markets & key developments Global shares mostly rose over the last week as the US debt ceiling was pushed out to December and there was some easing in concerns regarding the European energy crunch. The positive global lead saw Australian shares rebound led by energy, utility, financial and material shares. Consistent with a bit of “risk on” along with still rising inflation concerns bond yields continued to rise as did oil, …
Market Update 24 September Investment markets Global shares fell sharply early in the week but then rebounded as fears around China Evergrande receded and the Fed meeting was out of the way. This saw US, European and Chinese shares rise for the week, but Japanese shares fell. Australian shares also fell despite a mid-week rally as the weak iron price weighed on miners which along with falls in financial and property shares more than offset big …
Market Update 17 September Investment markets Global shares were mixed over the last week with US and Japanese shares up, European shares flat and Chinese shares down. US shares were helped by stronger than expected activity data and softer inflation, but Chinese shares were hit by a further slowing in Chinese data and concerns about Evergrande Group. Australian shares fell with solid gains in energy and property shares offset by sharp falls in mining stocks on …
