FinSec Post

Investment markets and key developments over the past week The "risk on" rebound took a bit of a breather over the last week. The rebound in shares, commodities and commodity currencies, like the Australian dollar, had been so fast that it had taken them to a point where they were technically overbought, and in many cases up against resistance. On the flipside the US dollar had become oversold. Therefore, we were primed for a pullback and the trigger has been provided [...]

Investment markets and key developments over the past week The recovery rally continued over the last week, helped by a combination of the US Federal Reserve (the Fed) further delaying interest rate hikes, mostly good economic data and stimulus expectations in China. For the week this saw US shares up 1.4%, Chinese shares up 5.2% and Australian shares up 0.3%. European shares were flat though and Japanese shares fell 1.3%, with strength in the euro and yen acting as a bit [...]

Investment markets and key developments over the past week What a difference a day makes. On Thursday most global share markets were underwater for the week partly due to a silly knee jerk reaction to European Central Bank (ECB) President Mario Draghi's out of context comment that he doesn't anticipate more interest rate cuts. But Friday saw European and US shares surge higher as investors realised the full extent of the ECB's stimulus measures. So for the week US shares gained [...]

Investment markets and key developments over the past week The past week has seen the recovery in risk assets continue, with shares pushing higher, bond yields backing up, credit spreads narrowing, commodities rebounding and even the A$ pushing back over US$0.74. For the week US shares rose 2.7%, Eurozone shares gained 3.5%, Japanese shares rose 5.1%, Chinese shares rose 3.9% and Australian shares gained 4.3%. From their recent lows US and global shares are up 9%, Australian shares are up 7%, [...]

Investment markets and key developments over the past week The bounce back in global shares continued over the last week led by the US share market which broke above its 50-day moving average and cut its year-to-date decline to -4.7% from -10.5%. For the week US shares rose 1.6%, Eurozone shares gained 1.8% and Japanese shares rose 1.4%. This was helped by a 10% gain in oil prices and metal prices also gained. However, Australian shares fell 1.5% and Chinese shares [...]

Investment markets and key developments over the past week The past week saw the rebound in shares and other risk assets continue. US shares rose 2.8%, Eurozone shares gained 4.7%, Japanese shares rose 6.8%, Chinese shares gained 3.5% and the Australian share market put on 3.9%. Bond yields were mixed in core countries but fell in peripheral Europe, oil moved a bit higher along with other commodity prices as did the A$. The rebound in risk assets has been supported by [...]