Weekly Market Update 18 October 2019

Weekly Market Update 18 October 2019 Investment markets and key developments over the past week The past week saw major share markets continue to push higher helped by the lessening in geopolitical risks around trade and Brexit and a solid start to US September quarter earnings reports. Australian shares also rose with solid gains in energy, health, consumer discretionary, industrial and financial shares but a sharp fall in material stocks and reduced expectations for rate cuts …

Weekly Market Update 11 October 2019

Weekly Market Update 11 October 2019 Investment markets and key developments over the past week Investment markets were whipsawed over the past week by conflicting reports regarding prospects for the latest US/China face to face trade talks in Washington on Thursday and Friday, with optimism prevailing later in the week. US shares still fell but Eurozone, Japanese and Chinese shares all rose. Australian shares also rose led by health, telco, IT and industrial shares. Trade talk …

Weekly Market Update 4 October 2019

Weekly Market Update 4 October 2019 Investment markets and key developments over the past week Global share markets fell again over the last week on the back of increasing concerns about US and global growth after another fall in the US manufacturing conditions ISM index. Global growth fears also weighed on the Australian share market with all sectors in the red but particularly financials which were also hit by the latest RBA rate cut, tech stocks …

Weekly Market Update 27 September 2019

Weekly Market Update 27 September 2019 Investment markets and key developments over the past week Share markets fell over the last week on the back geopolitical concerns with Democrats opening an impeachment inquiry into President Trump, ongoing trade war uncertainties and more Brexit mayhem at the same time that global business conditions PMIs remained soft. Australian shares were dragged lower by the poor global lead with telcos and resources stocks down sharply but with real estate, …

Weekly Market Update 13 September 2019

Weekly Market Update 13 September 2019 Investment markets and key developments over the past week The good news continued over the last week with the US and China trading goodwill gestures on the trade war front, signs of a de-escalation of tensions with Iran and the ECB announcing a broad-based monetary easing. This saw share markets have another week of solid gains – with US and global shares coming close to the record highs seen in …

Weekly Market Update 6 September 2019

Weekly Market Update 6 September 2019 Investment markets and key developments over the past week Good news week! It certainly seemed that way for financial markets with a lot of relatively small positives – the US and China indicating that face to face trade war talks will start again next month, Hong Kong withdrawing the extradition bill, the UK parliament standing up to block a “no-deal Brexit” and confirmation that Italy has a new government …

Weekly Market Update 30 August 2019

Weekly Market Update 30 August 2019 Investment markets and key developments over the past week The past week saw share markets boosted by renewed hopes for US-China trade talks helped by a conciliatory approach from China. This saw US and Eurozone shares rise and Japanese and Chinese shares recover from earlier declines. Australian shares fell sharply early in the week but ended higher as renewed optimism on US-China trade talks boosted material and industrial stocks and …

Weekly Market Update 23 August 2019

Weekly Market Update 23 August 2019 Investment markets and key developments over the past week The past week saw global share markets recover some of their recent losses helped by hope for more trade talks, a temporary Huawei reprieve, good earnings reports from US retailers and more talk of fiscal stimulus in Germany and the US.The positive global lead helped boost the Australian share market for the week led by IT and energy shares and …

Weekly Market Update 16 August 2019

Weekly Market Update 16 August 2019 Investment markets and key developments over the past week The past week saw share markets remain under pressure as the trade war rolled and Chinese and German economic data was weak leading to an intensification of global growth fears particularly after declining US bond yields saw a further inversion in the US yield curve. While Chinese shares rose on stimulus hopes US, European and Japanese shares fell, leaving global shares …

Weekly Market Update 9 August 2019

Weekly Market Update 9 August 2019 Investment markets and key developments over the past week The past week saw a roller coaster ride in share markets with sharp falls after China responded to Trump’s latest tariffs by letting the Renminbi fall in value and ordering state-owned enterprises to halt agricultural imports from the US and the US responded by labelling China a currency manipulator, followed by a rebound as China limited downside in the Renminbi and …