Market Update 25 February 2022 Investment markets and key developments over the past week Share markets were hit over the last week as Ukraine tensions escalated and then Russia invaded Ukraine. Although Russia has indicated it does not plan to occupy Ukraine it has indicated that its attack is aimed at its “demilitarization and denazification.” While US shares saw a small bounce on Wednesday on hopes that a worsening of the energy crisis would be …
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 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 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 24 September Investment markets Global shares fell sharply early in the week but then rebounded as fears around China Evergrande receded and the Fed meeting was out of the way. This saw US, European and Chinese shares rise for the week, but Japanese shares fell. Australian shares also fell despite a mid-week rally as the weak iron price weighed on miners which along with falls in financial and property shares more than offset big …
Market Update 17 September Investment markets Global shares were mixed over the last week with US and Japanese shares up, European shares flat and Chinese shares down. US shares were helped by stronger than expected activity data and softer inflation, but Chinese shares were hit by a further slowing in Chinese data and concerns about Evergrande Group. Australian shares fell with solid gains in energy and property shares offset by sharp falls in mining stocks on …
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 16 July Investment markets and key developments over the past week Share markets were buffeted again by higher inflation and mixed messages from various central banks over the last week. While US and European shares fell slightly, Japanese, Chinese and Australian shares rose benefitting from the rally in US shares at the end of the previous week. The gain in Australian shares came despite bad news on lockdowns and was led by utility, …
Market Update 4 June Investment markets and key developments over the past week Global share markets were mixed over the last week with Eurozone shares up, but US shares down slightly not helped by ongoing inflation and taper fears with Japanese and Chinese shares also down a bit. Despite the messy global lead Australian shares pushed further into record territory helped along by strong economic growth data and ongoing RBA dovishness. The rise in the …
Market Update 30 April Investment markets and key developments over the past week Share markets were mixed over the last week with US shares rising to new record highs helped by good economic data, strong earnings and more stimulus and Chinese shares rising but European and Japanese shares fell. Australian shares also fell back slightly as the local market continues to work off technically overbought conditions after its early April surge. Weakness in retailers, …
