Market Update 11 June | AMP Capital

Market Update 11 June Investment markets and key developments over the past week Global share markets mostly rallied over the last week. The big surprise perhaps was the US where shares rallied to a new record high and bond yields fell despite another surge in inflation, because investors (rightly in my view) interpreted the make-up of higher than expected inflation for May as consistent with the Fed’s assessment that the spike in inflation would be …

Inflation – why it matters for investment markets | AMP Capital

  Inflation – why it matters for investment markets Key points The shift from high inflation to low inflation has been a key tailwind for investment returns over the last 40 years – in particular it has allowed capital growth in excess of growth in earnings and rents. A long-term stabilisation in inflation around central bank targets which is our base case would remove this tailwind but still allow reasonable returns, whereas a sustained break …

Market Update 4 June | AMP Capital

Market Update 4 June   Investment markets and key developments over the past week Global share markets were mixed over the last week with Eurozone shares up, but US shares down slightly not helped by ongoing inflation and taper fears with Japanese and Chinese shares also down a bit. Despite the messy global lead Australian shares pushed further into record territory helped along by strong economic growth data and ongoing RBA dovishness. The rise in the …

Market Update 28 May | AMP Capital

Market Update 28 May Investment markets and key developments over the past week Global share markets rebounded over the last week as inflation fears faded a bit and economic data indicated that the recovery continues. The positive global lead saw the Australian share market shake off worries about the dip in the iron ore price and the latest Victorian snap lockdown and rise to a new record, led by very strong gains in telcos, IT, …

Market Update 14 May | AMP Capital

Market Update 14 May Source: Bloomberg, FXStreet, AMP Capital Investment markets and key developments over the past week Share markets fell over the past week as US inflation data for April came in far stronger than expected raising fears of an earlier Fed tightening, before a rebound later in the week – partly helped by softer US retail sales which took some pressure off bond yields – pared losses. So, despite the sharp fall earlier in …

Market Update 07 May | AMP Capital

  Market Update 07 May   Investment markets and key developments over the past week Share markets mostly rose over the last week helped by good earnings and dovish central banks. US, European and Japanese shares rose but Chinese shares fell. Helped by the positive global lead and a dovish RBA the Australian share market also rose making a new recovery high with very strong gains in materials, energy and financial stocks. While the ASX200 has …

Market Update 30 April | AMP Capital

Market Update 30 April   Investment markets and key developments over the past week Share markets were mixed over the last week with US shares rising to new record highs helped by good economic data, strong earnings and more stimulus and Chinese shares rising but European and Japanese shares fell. Australian shares also fell back slightly as the local market continues to work off technically overbought conditions after its early April surge. Weakness in retailers, …

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 …