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 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 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 …
Market Update 17 December Source: Bloomberg, FXStreet, AMP Investment markets & key developments Global share markets mostly fell over the past week with worries about the latest coronavirus wave and central bank monetary tightening, as well as technology stocks remaining under pressure. For the week, US shares lost 1.9%, Eurozone shares fell 0.9% and Chinese shares fell 2%, but Japanese shares rose 0.4%. The soft global lead, not helped by surging coronavirus cases locally, saw the …
Market Update 29 October Investment markets & key developments Share markets were mixed over the past week – up in the US and Europe on strong US earnings results, but down in Japan, China and Australia. The Australian share market was hit by interest rate fears after a stronger than expected underlying inflation result and signs the RBA may be becoming more hawkish. Bond yields fell in the US and Europe but rose in Australia with …
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 …
