Market Update 17 December | AMP Capital

Market Update 17 December Source: Bloomberg, FXStreet, AMP Investment markets & key developments Global share markets mostly fell over the past week with worries about the latest coronavirus wave and central bank monetary tightening, as well as technology stocks remaining under pressure. For the week, US shares lost 1.9%, Eurozone shares fell 0.9% and Chinese shares fell 2%, but Japanese shares rose 0.4%. The soft global lead, not helped by surging coronavirus cases locally, saw the …

Market Update 10 December | AMP Capital

Market Update 10 December   Investment markets & key developments Global share markets rebounded over the past week on indications that Omicron may only be resulting in mild cases. The positive global lead along with continuing RBA dovishness on interest rates also pushed the Australian share market higher for the week led by utilities, retailers, property and energy stocks. Reflecting the risk on tone bond yields, metal prices, oil prices and the $A all rose. The …

Market Update 3 December | AMP Capital

Market Update 3 December Investment markets & key developments Global share markets had another rough week as uncertainty around the impact of the Omicron variant on global growth and Fed Chair Powell flagging a faster taper led to a bit of a roller coaster ride. While Eurozone shares are up slightly for the week and Chinese shares are flat, US and Japanese shares are down. The week global lead and news of the arrival of Omicron …

Market Update 26 November | AMP Capital

Market Update 26 November Investment markets & key developments Global share markets mostly fell over the past week as inflation, interest rate and coronavirus concerns – with rising cases in Europe and a new variant in South Africa – rattled investors with travel stocks being hard hit. US shares were up slightly prior to Thanksgiving, but other major markets fell. This included the Australian share market which saw sharp falls in IT, financial, retail and telco …

Market Update 19 November | AMP Capital

Market Update 19 November   Investment markets & key developments Global share markets mostly rose over the last week helped by strong US economic data. US, European and Japanese shares rose but Chinese shares fell. Australian shares also fell with sharp falls in financials on the back of bank margin concerns and in resources stocks reflecting lower oil and iron ore prices. Bond yields were mixed – up slightly in the US and Australia but down …

Market Update 12 November | AMP Capital

Market Update 12 November Investment markets & key developments Share markets were hit again over the past week as more high inflation readings added to concernsabout monetary tightening. This left US and European shares down for the week and Japanese shares little changed. Chinese shares bucked the trend and rose. While falls in US shares weighed on the Australian share market mid-week a strong rise on Friday left it little changed for the week with strong …

Market Update 29 October | AMP Capital

Market Update 29 October   Investment markets & key developments Share markets were mixed over the past week – up in the US and Europe on strong US earnings results, but down in Japan, China and Australia. The Australian share market was hit by interest rate fears after a stronger than expected underlying inflation result and signs the RBA may be becoming more hawkish. Bond yields fell in the US and Europe but rose in Australia with …

Market Update 22 October | AMP Capital

Market Update 22 October Investment markets & key developments US shares made it to a new high in the past week helped by strong earnings results and good economic data, and Chinese shares rose but European and Japanese shares pulled back slightly. The positive US lead also saw Australian shares rise helped by reopening optimism led by gains from property, IT, retail and financial shares. Bond yields resumed their upswing with 10-year bond yields in the …

Market Update 15 October | AMP Capital

Market Update 15 October   Investment markets & key developments Global share markets mostly rose over the last week helped by a good start to the US earnings reporting season, solid economic data and US inflation data not being as bad as feared. The positive global lead also saw Australian shares rise led by materials, IT, health and property stocks. Bond yields pulled back a bit after their recent rise but oil, metal and iron prices rose …

Market Update 8 October | AMP Capital

Market Update 8 October   Investment markets & key developments Global shares mostly rose over the last week as the US debt ceiling was pushed out to December and there was some easing in concerns regarding the European energy crunch. The positive global lead saw Australian shares rebound led by energy, utility, financial and material shares. Consistent with a bit of “risk on” along with still rising inflation concerns bond yields continued to rise as did oil, …