Weekly Market Update 24 May 2019

Weekly Market Update 24 May 2019 Investment markets and key developments over the past week Global share markets fell over past week amid escalating noise around the US/China trade war and increasing signs that it may be impacting business conditions. However, Australia’s “miracle” election set off a surge in the Australian share market with investors pricing out the risk of a Labor Government which resulted in a surge in bank, retail and property shares more than …

Weekly Market Update 17 May 2019

Weekly Market Update 17 May 2019 Investment markets and key developments over the past week Share markets fell earlier in the past week as the trade war continued to escalate, before rebounding helped by better economic and earnings news and hopes of a trade deal. This left share markets mixed with US and Chinese shares down slightly, but Eurozone, Japanese and Australian shares up. Australian shares saw strong gains in resources stocks helped by rising iron …

Weekly Market Update 12 April 2019

Weekly Market Update 12 April 2019 Investment markets and key developments over the past week Global share markets fell slightly over the last week on global growth concerns and renewed US/Europe trade war fears. Australian shares rose though playing catch up to the previous weeks rally in global shares with energy, tech and real estate stocks being the main drivers. Bond yields were flat in the US but fell elsewhere. Oil and iron ore prices continued …

Weekly Market Update 05 April 2019

Weekly Market Update 05 April 2019 Investment markets and key developments over the past week Share markets pushed higher over the last week helped by more “green shoots” pointing to improving global growth this year, including Chinese business conditions PMIs & the US ISM index and a stabilisation in Eurozone composite PMIs, and more indications that the US and China are getting closer to a deal on trade (albeit with issues around enforcement and the …

Weekly Market Update 15 March 2019

Weekly Market Update 15 March 2019 Investment markets and key developments over the past week Global share markets rose over the last week helped by benign economic data.Australian shares slipped though with consumer and financial shares down on worries about the economy. Bond yields were flat to up globally but fell in Australia with the 10-year bond yield falling back below 2% for the first time since 2016 as weakening economic data adds to expectations …

Weekly Market Update 8 March 2019

Weekly Market Update 8 March 2019 Investment markets and key developments over the past week US, Eurozone, Japanese and Chinese shares fell over the last week on worries about global growth, but Australian shares pushed slightly higher on increasing expectations for rate cuts offsetting, for now, the negative impact of slowing growth. Bond yields fell as the ECB announced more monetary easing. Commodity prices were mixed with metals down but oil and iron ore up. The …

Weekly Market Update 1 March 2019

Weekly Market Update 1 March 2019 Investment markets and key developments over the past week While US shares fell slightly over the last week with geopolitical noise not helping other major share markets including Australian shares continued to rise, arguably playing catch up to the rally in US shares. The Australian share market was led higher by health, IT, banks and industrial shares. Bond yields generally rose as did oil and metals, but iron ore prices …

Five charts and a table that are critical to watch regarding the global economy and markets this year

Five charts and a table that are critical to watch regarding the global economy and markets this year Key points After a strong rebound since December share markets are at risk of a short-term pull back. However, despite this we see this year as being a decent year for share market returns.   Five key global charts to watch as to whether this will be the case are: global business conditions PMIs; global inflation; the …

Three positive signs for global growth in 2019

Three positive signs for global growth in 2019 Many investors in 2018, particularly at the end of the year, were worried the global economy was slowing and that it might slide into recession. The concerns contributed to the weakness in share markets at the end of the year, along with a bit of uncertainty about the US Federal Reserve’s rate hike agenda and worries about the US-China trade war. But our view is that 2019 …

Weekly Market Update 8 February 2019

Weekly Market Update 8 February 2019 Investment markets and key developments over the past week Global shares were flat to down over the past week not helped by weak economic data and trade uncertainty. Australian shares saw a strong rise though as the banks saw a Royal Commission relief rally, the prospect of RBA rate cuts provided a boost to retailers, industrial stocks and yield sensitives and miners continued to benefit from the surging iron ore …