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 …
Market Update 30 July Investment markets and key developments over the past week Despite some concerns about Chinese regulatory tightening early in the week and ongoing worries about coronavirus US and European shares rose over the last week helped by strong earnings results in the US and strong data in Europe. Japanese and Chinese shares fell though with regulatory issues weighing on the latter. The positive US lead helped push the Australian share market …
Market Update 03 July 2020 Investment markets and key developments over the past week Despite ongoing concerns about coronavirus most major share markets saw solid gains over the last week helped by good economic data, positive vaccine news and policy stimulus. Japanese shares fell but US shares rose 4% in a holiday shortened week, Eurozone shares rose and Chinese shares surged above their pre-coronavirus highs. The strong global lead also helped the Australian share market overcome …
Market Update 19 June 2020 Investment markets and key developments over the past week Share markets rose over the last week helped by ongoing signs of economic recovery and stimulus measures offsetting concerns about a “second wave” of coronavirus cases. Australian shares also rose helped by the positive global lead with strong gains in IT, energy, telco and property stocks. Bond yields were little changed in the US and Japan but rose in Germany and fell …
