FinSec Post Archives | Page 23 of 33

Weekly Market Update – 28th August 2015

Investment markets and key developments over the past week Share markets have gone from goodbye to good buy over the last week. The turmoil in global share markets continued into the past week, but signs of stabilisation and improvement gradually started to appear resulting in several share markets actually rising over the last week. Believe it or not, this started in Australian shares on Tuesday as buyers saw value around the 5000 mark on the ASX 200 and then continued as [...]

denise.henly2015-09-01T01:50:55+09:30September 1st, 2015|FinSec Post, Market Update|

Weekly Market Update – 21st August 2015

Investment markets and key developments over the past week The global share market correction continued over the last week as worries intensified regarding emerging countries, their currency rout and the impact on global growth along with the ongoing fall in commodity prices. Even Greece and tensions between North and South Korea got a look in. Messy profit results also didn't help Australian shares. For the week, US shares fell 5.8%, Eurozone shares lost 6.7%, Japanese shares fell 5.3%, Australian shares fell [...]

denise.henly2015-08-25T06:16:11+09:30August 25th, 2015|FinSec Post, Market Update|

Markets in free fall: How worried should you be?

Another terrible day on the ASX is unfolding as tanking Chinese sharemarkets wipe out the past two years of gains (at 3.15pm (AEST) the S&P/ASX200 index was down 4 per cent cent to 5007, the biggest intraday drop since 2007). Is it a correction or something more serious? Whilst news headlines appear dominated by China, there are several themes that are driving the share market and will set the agenda for markets in coming weeks First the timing of the US [...]

denise.henly2015-08-24T06:26:41+09:30August 24th, 2015|FinSec Post, The FinSec View|

Steins Law: Greece Succumbed Will we be next?

Greece … there has been a lot of noise, a lot of commentary and you have probably (for the most part) heard enough when it comes to Greece - we will keep it brief. Greek PM Tsipras has announced his resignation and the country is now headed for another election (September). While Greece and the Eurozone have agreed on a third bailout program the IMF is likely to insist that Greece’s debt burden is reduced before participating in the bailout with [...]

denise.henly2015-08-24T05:56:42+09:30August 24th, 2015|FinSec Post, The FinSec View|

Greece succumbs to Stein’s law

by Michael Collins, Investment Commentator at Fidelity July 2015 Herbert Stein (1916 to 1999) was a US economist who was influential in his time. Among his achievements, Stein was chairman of the president-guiding Council of Economic Advisers under Richard Nixon and Gerald Ford, was attached to the American Enterprise Institute think tank, contributed to The Wall Street Journal and taught at the University of Virginia. Stein wrote books that are still available and was the first columnist of Slate’s “Dear Prudence” [...]

denise.henly2015-08-24T02:47:41+09:30August 24th, 2015|FinSec Post, The FinSec View|

Is it just Yuan big storm in a teacup?

Earlier this month, without notice or explanation, the People’s Bank of China (PBOC) lowered the yuan’s ‘daily fix’[1] by 1.9% against the U.S. dollar, the largest devaluation in 20 years. Investors responded by hitting the panic button. Investor’s feared that it signalled a sharper than expected slowdown in the world’s biggest economy. Apple shares dropped 5%, the Australian dollar nose dived and oil dipped to a six-year low. Financial analysts were blind sighted, was the PBOC’s intention to weaken the yuan [...]

denise.henly2015-08-24T05:53:23+09:30August 24th, 2015|FinSec Post, The FinSec View|

Weekly Market Update – 14th August 2015

Investment markets and key developments over the past week The past week was volatile as investment markets reacted to China's move to devalue the renminbi and make its determination more market oriented. The associated uncertainty saw shares, commodities, emerging market currencies and the $A fall. It was a bit like investors thinking "we don't know what's happening so we better sell". Once the dust settled and investors came to the view that a large decline in the renminbi was unlikely, there [...]

denise.henly2015-08-18T03:18:35+09:30August 18th, 2015|FinSec Post, Market Update|

Weekly Market Update – 7th August 2015

Investment markets and key developments over the past week The last week was mixed for shares with markets up in the Eurozone (+0.9%), Japan (+0.7%) and China (+2.2%), but US shares falling 1.3% on some earnings disappointments and falls in energy and biotech shares and Australian shares falling 3.9% partly due a capital raising and disappointing earnings update from ANZ weighing on bank shares. Bond yields fell in the US but rose in Europe and Australia and commodity prices remained under [...]

denise.henly2015-08-10T07:56:40+09:30August 10th, 2015|FinSec Post, Market Update|

Weekly Market Update – 31st July 2015

Investment markets and key developments over the past week Share markets had a mixed ride over the last week, not helped by renewed weakness in Chinese shares early in the week. However, this was offset to a greater or lesser degree depending on the market by good US earnings results, a benign US Federal Reserve and good data in Europe. While Chinese shares fell 10% over the week, Eurozone shares only lost 0.1% and Japanese shares rose 0.2%, US shares rose [...]

denise.henly2015-08-04T06:35:51+09:30August 4th, 2015|FinSec Post, Market Update|

Weekly Market Update – 24th July 2015

Investment markets and key developments over the past week Share markets mostly fell over the last week weighed down by some weak earnings results for US multinationals, lower commodity prices depressing resources stocks, weak Chinese economic data and some profit taking after recent gains. This saw US shares fall 2.2%, Eurozone shares down 1.8%, Japanese shares down 0.3% and Australian shares fall 1.8%. However, despite some soft economic data Chinese shares continued to recover with a 2.9% gain. Bond yields fell [...]

denise.henly2015-07-30T00:54:00+09:30July 27th, 2015|FinSec Post, Market Update|