Weekly Market Update 14 December 2018

Weekly Market Update 14 December 2018 Investment markets and key developments over the past week Share markets were mixed over the last week with nervousness around trade and global growth continuing, not helped by weak Chinese economic data. US, Eurozone and Chinese shares rose but Japanese and Australian shares fell. Despite a rise in material stocks over the last week the Australian share market was particularly dragged down by telcos, consumer staples, utilities and financials – …

Weekly Market Update 7 December 2018

Weekly Market Update 7 December 2018 Investment markets and key developments over the past week The past week has been a roller coaster ride in equity markets. Shares initially rose on the positive outcome from the Trump/Xi meeting. Then they plunged in a panic as investors lost faith in what Trump claimed was agreed, the arrest of a senior Huawei executive in relation to a possible violation of sanctions on Iran raised concerns it will threaten …

Weekly Market Update 30 November 2018

Weekly Market Update 30 November 2018 Investment markets and key developments over the past week US, European and Japanese share markets rose solidly over the last week on increasing signs from the Fed that it is open to pausing or slowing its interest rate increases. Chinese shares rose slightly but Australian shares fell slightly. Weakness in resources, consumer, utility and real estate shares weighed heavily on the Australian share market over the last week offsetting gains …

Weekly Market Update 16 November 2018

Weekly Market Update 16 November 2018 Investment markets and key developments over the past week “Risk off” returned with a vengeance to financial markets over the last week with most share market falling and bond yields declining as last month’s worries returned, tech stocks came under renewed and the continuing plunge in the oil price weighed on energy shares. Australian shares have almost fallen back to their October low with financial shares under renewed pressure. Chinese …

Weekly Market Update 09 November 2018

Weekly Market Update 09 November 2018 Investment markets and key developments over the past week Share markets mostly rose over the last week, helped in particular by a favourable reaction to the US midterm elections. Chinese shares remained under pressure though. Bond yields continued to rise reflecting the “risk on” tone from investors and as the Fed showed no signs of pausing its rate hikes. Commodity prices were mixed though with oil falling further and metal …

Weekly Market Update 02 November 2018

Weekly Market Update 02 November 2018 Investment markets and key developments over the past week Share markets bounced back over the past week helped by good US earnings results and a lessening of trade war fears following comments from President Trump after a phone call with President Xi Jinping. Reflecting the risk on tone bond yields generally rose, but while the iron ore price rose oil and metal prices fell. The risk on tone also …

Weekly Market Update 26 October 2018

Weekly Market Update 26 October 2018 Investment markets and key developments over the past week Most major share markets fell over the past week as worries about the global outlook continue. Chinese shares rose though thanks to stimulus measures. Bond yields fell on safe haven demand and while iron ore prices rose, oil and metals fell. The $US rose and this weighed on the $A. The share market correction continues with increasing concerns about global growth. From …

Weekly Market Update 19 October 2018

        Weekly Market Update 19 October 2018 Investment markets and key developments over the past week While share markets had a great bounce from oversold levels early in the last week they fell back to varying degrees as worries around US interest rates, the US trade conflict with China, tech stocks and Italy’s budget deficit continued along with escalating tensions with Saudi Arabia regarding a missing journalist. This left share markets mixed with …

An update on the US rate rise

An update on the US rate rise   Although we’ve seen declines on Wall Street this week, there’s still strong growth in the US market. The most recent rate hike in the US may have investors concerned that the Fed could threaten markets with even more aggressive hikes. But I don’t think that is likely; I expect the Fed will continue raising interest rates at a gradual pace. The latest 25 basis point rise takes …

Weekly Market Update 12 October 2018

Weekly Market Update 12 October 2018 Investment markets and key developments over the past week Share markets fell sharply over the last week led by the US share market primarily on the back of worries about rising interest rates and bond yields and the deteriorating US/China relationship. Bond yields generally declined though reflecting safe haven demand which also benefited the gold price. Iron ore prices rose which is good for Australia, but the oil price …