Weekly market update 05-04-2024
Global sharemarkets under pressure this week; oil prices up; metals prices surging; Fed Chair Powell sounds like he still wants to cut rates later this year; and more.
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Market Update 02 September 2022 | AMP Capital
Market Update 02 September 2022 Investment markets & key developments Global share markets remained under pressure over the last week on the back of continuing mostly hawkish comments from the Fed and ECB and ongoing concerns about recession. Australian shares had remained a bit more resilient through August than global shares did (helped by mostly positive earnings reports) but are now coming under pressure too with falls over the last week led by miners, energy, …
Market Update 10 June 2022 | AMP Capital
Market Update 10 June 2022 Investment markets and key developments over the past week Sharemarkets came under renewed downward pressure this week (after a few weeks of rallying). Themes of stagflation risks, heightened recession odds, hawkish central banks and questions as to whether inflation has peaked or not continue to be the main drivers of markets. US shares were down by 2.2% with the tech-heavy Nasdaq down by a similar am. Australian shares are 4% …
Market Update 21 January | AMP Capital
Market Update 21 January Source: Bloomberg, FXStreet, AMP Investment markets & key developments Global share markets remained under pressure over the past week on the back of concerns about rising inflation, monetary tightening, Omicron and tensions with Russia over Ukraine. The negative global lead and talk of higher interest rates in Australia also pushed Australian shares down with falls led by health, IT, Telco and financial stocks. Long term bond yields rose initially but their increase …
Market Update 14 January | AMP Capital
Market Update 14 January Source: Bloomberg, FXStreet, AMP Investment markets & key developments Global share markets remained under pressure over the past week from concerns about rising US inflation and faster US interest rate hikes, with interest rate sensitive tech stocks leading the declines. Omicron related disruptions are not helping although markets don’t appear to be too concerned. While European shares rose slightly US, Japanese and Chinese shares fell. The weak global lead weighed on …