FinSec Post

Investment markets and key developments over the past week The major driver in markets this week was the press conference by incoming US President Trump, but investors were left disappointed. Trump's comments lacked economic detail about fiscal spending and tax stimulus, which have been key drivers of higher equities, USD & bond yields. Instead, the topics discussed included allegations of Russian hacking, Trump's business interests, drug pricing and border tax control. At least Trump didn't back away from his pre-election promises. [...]

Investment markets and key developments over the past week The past week saw share markets have a few wobbles in response to a somewhat more hawkish than expected Fed. European shares (up 1.7%) and Japanese shares (up 2.1%) continue to benefit from falls in the Euro and Yen along with good economic data. Against this, US shares fell 0.1% not helped by reports that a Chinese naval vessel had seized a US underwater drone, Australian shares fell 0.5% and Chinese shares [...]

Investment markets and key developments over the past week The past week saw most major share markets rise with US shares up 3.1% to a new record high, a 5.6% gain in Eurozone shares resulting in a clear technical break out led by banks, Australian shares gaining 2.1% taking them to near their August high and Japanese shares up another 3.1%.The main drivers have been continued good global economic data, the prospect of help for Italian banks, a dovish ECB and [...]

Investment markets and key developments over the past week The past week saw Japanese and Chinese shares both gain another 0.2%, but US and European shares fall 1% and Australian shares fall 1.2% as they had a bit of a consolidation along with the US$ (which fell 0.8%), after the post US election rally led to overbought positions. However, energy shares and the oil price (up 12%) got a huge boost after OPEC agreed on a production cut. Metal prices and [...]

Investment markets and key developments over the past week The past week saw the rally in shares continue helped by good global data, rising commodity prices and ongoing optimism regarding President elect Trump's stimulus plans. US shares rose 1.4%, Eurozone shares rose 0.9%, Japanese shares rose 2.9%, Chinese shares rose 3% and Australian shares gained 2.8%. The main drag though is the continuing rise in the US$ which has broken out to its highest level against an average of major currencies [...]

Investment markets and key developments over the past week The past week saw US shares gain 0.8% and Japanese shares gain 3.4% as bond yields and the US$ continued to push higher as investors focussed on prospects for fiscal stimulus and deregulation under a Donald Trump presidency. However, Chinese shares were flat, Eurozone shares slipped 0.1% and Australian shares fell 0.2% after their 3.7% surge in the previous week. Emerging market shares remained under pressure from the rising US$ and commodity [...]