Weekly market update 21-06-2024
This week, narrowing US share gains; drip feed of falling global inflation & rates is good sign for RBA; Federal & state governments making the RBA’s job harder; the pros & cons of nuclear; and more.
Tag: update
Weekly market update 14-06-2024
US shares up on better inflation data, Eurozone shares down after Parliamentary Elections and France election uncertainty, Australian shares still under-performing and more.
Cash rate update for May 2024 – Financial Partners (TAS)
[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_link_target=”_self” column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text]The Reserve Bank of Australia (RBA) has decided to again hold the official cash rate at 4.35%. The decision to maintain the cash rate comes after March 2024…
April 2024 Market update
April 2024 Market update Summary Global share markets continued to rise strongly in March, fuelled by improving growth numbers from the US and a dovish central bank. European share markets were notably strong as economic data in services industries bounced back toward expansionary levels. Australia share markets were very strong, rising for 5 months in a row and returned 3.3% over the month. Regardless, our domestic market …
INSIGHTS: March 2024 Market update
March 2024 Market update Summary Global share markets rose over February and were notably strong in Asia as Chinese markets bounced sharply from very oversold conditions, and the US technology sector led by Nvidia and the AI boom. Most bond, credit and real asset markets were flat to down, consistent with rate movements. Bond yields rose as sticky inflation concerns mounted – the market priced out over half of the seven US rate cuts previously …
November 2023 Market update
November 2023 Market update Download PDF version Market update The table below provides details of the movement in average investment returns from various asset classes for the period up to 30 October 2023. Asset class (% change) 1 month 3 months 1 year 3 years (% pa) Australian shares -3.8 -7.2 3.0 8.9 Smaller companies -5.5 -10.5 -5.1 0.5 International shares (unhedged) -1.0 -3.4 11.7 12.0 International shares (hedged) -2.6 -7.9 9.6 9.6 Emerging markets …
Weekly market update 13-10-2023
This week Dr Shane Oliver analyses where we have seen the bottom in shares; US September inflation will keep the Fed on edge; the impacts of the Israeli war & petrol prices; upside wage growth risks in Australia; and more.
Weekly market update 11-08-2023
This week Dr Shane Oliver discusses how shares remain at risk of a correction; the good news on US inflation continued; RBA Gov Lowe retains softened tightening bias & right to caution regarding the new Board; the rapidly slowing Australian consuner spendingr; and more.
ASIC’s Moneysmart update
In this video, Andrew Dadswell, Senior Manager Consumer Communications, provides an update on ASIC’s Moneysmart program. Through Moneysmart, ASIC provides trusted tools, information, and guidance to help Australian’s take control of their money and make informed financial decisions. Start here. Original Author: Produced by Moneysmart and published on 03/08/2023