FinSec Post

Weekly Market Update – 7th July 2017

Investment markets and key developments over the past week Global share markets were volatile again over the last week as bond yields backed up further continuing the latest "taper tantrum" that was kicked off by several central banks led by the ECB just over a week ago. However, news of solid jobs growth helped US shares gain on Friday resulting in a weekly rise of 0.1%. Eurozone shares rose 0.5% for the week, but Japanese shares lost 0.5% and Chinese and Australian [...]

2017-07-12T07:32:05+09:30July 7th, 2017|FinSec Post, Market Update|

Weekly Market Update – 30th June 2017

Investment markets and key developments over the past week Global share markets had a rough ride over the last week as somewhat more hawkish comments from central banks weighed and pushed bond yields higher. This was particularly the case in Europe with Eurozone shares down 2.6% for the week, against falls of just 0.6% in the US and 0.5% in Japan. Chinese shares actually rose 1.2%. Meanwhile, commodity prices rose solidly from oversold and under loved levels - particularly oil (up [...]

2017-07-04T05:01:35+09:30June 30th, 2017|FinSec Post, Market Update|

Weekly Market Update – 23rd June 2017

Investment markets and key developments over the past week Global shares mostly rose over the last week, despite falls in energy shares, as economic data was mostly good and there was good news for Trump's pro-growth agenda in the US. US shares rose 0.2%, Japanese shares rose 1%, Chinese shares rose 3% but eurozone shares lost 0.3%. Australian shares fell 1% thanks to a combination of falling oil prices hitting resource stocks, "fear of Amazon" weighing again on retailers and worries [...]

2017-06-27T04:56:55+09:30June 23rd, 2017|FinSec Post, Market Update|

Weekly Market Update – 16th June 2017

Investment markets and key developments over the past week Global share markets were soft over the last week with US shares up just 0.1% as technology stocks continued to correct, Eurozone shares down 0.8%, Japanese shares down 0.4% and Chinese shares down 1.6%. Australian shares managed a decent 1.7% rebound, as they were due a bounce after having fallen 5% from early May highs. Whatsmore fund flows into superannuation ahead of the 30 June deadline are likely providing a strong source [...]

2017-06-20T01:02:27+09:30June 16th, 2017|FinSec Post, Market Update|

Weekly Market Update – 9th May 2017

Investment markets and key developments over the past week Share markets mostly declined over the last week, with US shares down 0.3%, Eurozone shares down 0.2% and Japanese shares down 0.8%. Australian shares lost 1.9% as worries about the economy weighed particularly on consumer stocks and lower oil prices weighed on energy shares. Chinese shares were an exception and rose 2.6%. Bond yields rose slightly in the US but fell elsewhere. Despite falling prices for oil and iron ore and a [...]

2017-06-19T05:54:57+09:30June 9th, 2017|FinSec Post, Market Update|

Weekly Market Update – 2nd June 2017

Investment markets and key developments over the past week Share markets rose over the last week helped by mostly good economic data and expectations central banks will remain benign. US shares rose 1% to a new record high, Eurozone shares gained 0.5%, Japanese shares surged 2.5%, Chinese shares rose 0.2% and Australian shares gained 0.6%. While bond yields rose in Italy on early election fears, they were flat in Australia and Japan and fell in core Europe and the US after [...]

2017-06-06T03:17:30+09:30June 2nd, 2017|FinSec Post, Market Update|

The Verdict – A Swan Dive to the Left as Federal Budget Smacks of Political Opportunism

If imitation is the sincerest form of flattery, Wayne Swan should still be feeling quietly chuffed. Since Treasurer Scott Morrison handed down his almost Machiavellian political manifesto masquerading as a federal budget last week, much has been made of its giant leap to the left. Hit the banks with a $6.2bn levy ("nobody likes them anyway"), give more money to schools, introduce a 0.5 percent increase in the Medicare levy to help fund the National Disability Insurance Scheme and throw in [...]

2017-05-17T00:32:28+09:30May 17th, 2017|Federal Budget, FinSec Post|

Weekly Market Update – 12th May 2017

Investment markets and key developments over the past week The last week saw US shares hit a new record high but end the week down 0.3%, Eurozone shares fell 0.5% with a bit of profit taking after the French election but Australian shares were flat and Chinese shares rose 0.1% and Japanese shares gained 2.3%. Bond yields generally fell slightly in major economies despite good economic data and commodity prices were mixed, with oil up (on lower US stockpiles) but copper [...]

2017-05-17T00:06:51+09:30May 15th, 2017|FinSec Post, Market Update|

2017/18 Federal Budget Report

The Budget has dominated the headlines this past week. In short, despite the wailings of the media, it's a 'Storm in a Teacup' budget. Bit of extra spending here, a few more tax increases there, the continued promise of an imminent return to surplus and political opportunism at its core. Many of you will have read the facts and figures by now, and have an understanding of the changes. This summary is not a simple reiteration of these facts. As is [...]

2017-05-17T00:05:51+09:30May 15th, 2017|Federal Budget, FinSec Post|

Weekly Market Update – 5th May 2017

Investment markets and key developments over the past week While the last week saw US shares gain 0.6% to a new record high, European shares rise 2.9% and Japanese shares gain 1.3% helped by good economic and earnings news, anticipation of a good outcome from the French election and a weaker Yen, Chinese shares lost 1.7% and Australian shares fell 1.5% on the back of signs of softer growth in China. A 10% fall in the iron ore price particularly weighed [...]

2017-05-09T00:18:24+09:30May 9th, 2017|FinSec Post, Market Update|
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