Market Update 10 September | AMP Capital

Market Update 10 September Investment markets and key developments over the past week Global shares were mixed over the last week. US and European shares fell on concerns about the growth outlook and central banks reducing stimulus, but Japanese shares continued to rise on hopes for more fiscal stimulus after PM Suga announced he would step down and Chinese shares rose. Australian shares fell on the back of the weak global lead, lower iron ore prices …

Market Update 03 September | AMP Capital

Market Update 03 September Investment markets and key developments over the past week Global share markets saw continuing gains over the past week helped by expectations that the Delta outbreak won’t lead to lockdowns in major developed countries and that the Fed would be gradual in scaling back monetary stimulus. Helped by the positive global lead and rapidly rising vaccination rates, the Australian share market also rose despite rising local coronavirus cases, with the gains …

Market Update 27 August | AMP Capital

Market Update 27 August Investment markets and key developments over the past week Global share markets rebounded over the last week with US shares making a new record high helped by signs that the Delta wave may be slowing in the US, before a bit of caution pared gains later in the week ahead of the central bankers Jackson Hole meeting. Reflecting the positive global lead Australian shares also rose over the week but rising local …

Market Update 13 August | AMP Capital

Market Update 13 August Investment markets and key developments over the past week Global share markets continued to rise over the last week with reopening and earnings optimism offsetting Delta concerns and propelling US and European shares to record highs. The Australian share market also rose to a new high on the back of good earnings news offsetting ongoing dismal news on lockdowns – notably in NSW – with banks, telcos, utilities and retail stocks leading …

Market Update 6 August | AMP Capital

Market Update 6 August Investment markets and key developments over the past week Global share markets rose over the last week with US and European shares making a new high helped by good earnings results offsetting Delta concerns. The Australian share market also rose to a new high propelled by M&A activity in relation to Afterpay and Santos & Oil Search with strong gains in IT, financial, consumer staple and property stocks. Bond yields rose in …

Market Update 9 July | AMP Capital

Market Update 9 July Investment markets and key developments over the past week Share markets fell over the last week, mainly on the back of worries that a resurgence of new coronavirus cases will derail the global economic recovery. The poor global lead along with the worsening coronavirus outbreak in Sydney necessitating an extension and tightening of its lockdown pushed the Australian share market down with sharp falls in retailers, health, IT and financial shares. Consistent …

Market Update 2 July | AMP Capital

Market Update 2 July Investment markets and key developments over the past week While the US share market rose over the last week, other global share markets fell with concerns about a renewed rise in coronavirus cases. The latest coronavirus outbreak and new lockdowns also weighed on the Australian share market with gains in telcos, retail and energy stocks offset by weakness in utilities, IT and property shares. The risk off tone saw bond yields fall, …

Market Update 25 June | AMP Capital

Market Update 25 June   Global share markets rebounded over the past week with US shares making it to a new record high helped by calming words from the Fed. However, Australian shares fell partly in delayed reaction to the previous weeks falls in the US and not helped by talk of earlier rate hikes in Australia and coronavirus concerns, with IT and materials up but falls led by health and financial stocks. Bond yields rose …

Market Update 18 June | AMP Capital

Market Update 18 June Investment markets and key developments over the past week While US shares fell over the last week as the Fed surprised on the hawkish side and Chinese shares also fell, Eurozone and Japanese shares rose benefitting from reopening and having central banks that are a long way behind the Fed. Australian shares also had a strong week rising to a new record high although this was led by IT, health, retail …

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 …