Weekly Market Update 22 March 2019 Investment markets and key developments over the past week While Eurozone shares fell slightly, other major share markets rose over the last week helped by Fed dovishness. From their December low US shares are now up 21%, global shares are up 18% and Australian shares are up 14%. The underperformance of Australian shares in the rebound since December reflects the fact that they didn’t fall as much in last year’s …
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 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 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 …
Weekly Market Update 22 February 2019 Investment markets and key developments over the past week While US shares were little changed over the last week other major markets saw solid gains helped by good news on trade. This included Australian shares which got a further lift from reasonable earnings results, more talk of rate cuts and upgrades to earnings growth expectations for resources stocks on the back of higher commodity prices. Bond yields were flat to …
Weekly Market Update 15 February 2019 Investment markets and key developments over the past week Global share markets rose over the last week helped by optimism on US/China trade talks, progress towards averting a renewed partial government shutdown in the US along with okay earnings results. Australian shares were little changed having outperformed sharply in the previous. Bond yields were little changed. The oil price rose but metal and iron ore prices fell. The $A was …
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 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 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 5 October 2018 Investment markets and key developments over the past week Share markets fell over the last week, largely in response to a renewed rise in bond yields. Commodity prices rose, although this was mainly due to higher oil prices. Strong US economic data and some rise in expectations for Fed tightening saw the $US rise and this saw the $A fall below $US0.71. Bond yields have resumed their rising trend, with …
