Market Update

Investment markets and key developments over the past week Global share markets had another rough week as uncertainty around the impact of the Omicron variant on global growth and Fed Chair Powell flagging a faster taper led to a bit of a roller coaster ride. While Eurozone shares were up slightly for the week and Chinese shares were flat, US and Japanese shares were down. The week global lead and news of the arrival of Omicron in Australia pushed the [...]

Investment markets and key developments over the past week Global share markets fell sharply over the last week with first inflation and interest rate concerns and rising new cases in Europe, and then news of a new worrying coronavirus variant that appears to have originated in South Africa really rattling investors resulting in sharp falls later in the week. Travel stocks were particularly hard hit as new travel bans were announced. For the week US shares fell 2.2%, Eurozone shares [...]

Investment markets and key developments over the past week Global share markets mostly rose over the last week helped by strong US economic data. US, European and Japanese shares rose but Chinese shares fell. Australian shares also fell with sharp falls in financials on the back of bank margin concerns and in resources stocks reflecting lower oil and iron ore prices. Bond yields were mixed - up slightly in the US and Australia but down in Europe. Oil, metal and [...]

Investment markets and key developments over the past weekShare markets were hit again over the past week as more high inflation readings added to concerns about monetary tightening. This left US and European shares down for the week and Japanese shares little changed. Chinese shares bucked the trend and rose. While falls in US shares weighed on the Australian share market mid-week a strong rise on Friday left it little changed for the week with strong gains in materials offsetting falls [...]

Investment markets and key developments over the past week In the past few weeks, financial markets have been pricing in aggressive rate hikes from the major central banks over the next year because inflation data has been surprising on the upside. However, this week numerous central banks banded together and pushed back against market pricing which led to a fall in government bond yields, particularly at the front end of the yield curve. US 2-year yields are now at [...]

Investment markets and key developments over the past week Share markets were mixed over the past week - up in the US and Europe on strong US earnings results, but down in Japan, China and Australia. The Australian share market was hit by interest rate fears after a stronger than expected underlying inflation result and signs the RBA may be becoming more hawkish. Bond yields fell in the US and Europe but rose in Australia with the 10 year yield [...]

Investment markets and key developments over the past week US shares made it to a new high in the past week helped by strong earnings results and good economic data, and Chinese shares rose but European and Japanese shares pulled back slightly. The positive US lead also saw Australian shares rise helped by reopening optimism led by gains from property, IT, retail and financial shares. Bond yields resumed their upswing with 10-year bond yields in the US, Germany and Australia [...]

Investment markets and key developments over the past week Global share markets mostly rose over the last week helped by a good start to the US earnings reporting season, solid economic data and US inflation data not being as bad as feared. The positive global lead also saw Australian shares rise led by materials, IT, health and property stocks. Bond yields pulled back a bit after their recent rise but oil, metal and iron prices rose with copper rising to [...]

Investment markets and key developments over the past week Global shares mostly rose over the last week as the US debt ceiling was pushed out to December and there was some easing in concerns regarding the European energy crunch. The positive global lead saw Australian shares rebound led by energy, utility, financial and material shares. Consistent with a bit of “risk on” along with still rising inflation concerns bond yields continued to rise as did oil, metal and iron ore [...]

Investment markets and key developments over the past weekGlobal shares fell over the past week amidst a long worry list including the US debt ceiling, the impact of power shortages and rising bond yields. Despite a bounce in US shares on Friday helped by promising reports regarding a COVID treatment pill, for the week, US shares fell by 2.2%, Eurozone shares fell by 2.8% and Japanese shares lost 4.9%. Chinese shares rose 0.4%. Global weakness saw Australian shares lose 2.1%. September [...]