Market Update

Investment markets and key developments over the past week Global shares fell sharply early in the week but then rebounded as fears around China Evergrande receded and the Fed meeting was out of the way. This saw US, European and Chinese shares rise for the week, but Japanese shares fell. Australian shares also fell despite a mid-week rally as the weak iron price weighed on miners which along with falls in financial and property shares more than offset big gains [...]

Investment markets and key developments over the past weekGlobal shares were mixed over the last week with US and Japanese shares up, European shares flat and Chinese shares down. US shares were helped by stronger than expected activity data and softer inflation, but Chinese shares were hit by a further slowing in Chinese data and concerns about Evergrande Group. Australian shares fell with solid gains in energy and property shares offset by sharp falls in mining stocks on the back of [...]

Investment markets and key developments over the past week Global shares were mixed over the last week. US shares fell by 1.7% and European shares lost 0.8% on concerns about the growth outlook and central banks reducing stimulus, but Japanese shares rose 4.3% on hopes for more fiscal stimulus after Prime Minister Suga announced he would step down and Chinese shares rose 3.5%. Australian shares fell by 1.5% on the back of the weak global lead, lower iron ore prices [...]

Investment markets and key developments over the past weekGlobal share markets saw continuing gains over the past week helped by expectations that the Delta outbreak won’t lead to lockdowns in major developed countries and that the Fed would be gradual in scaling back monetary stimulus. Helped by the positive global lead and rapidly rising vaccination rates, the Australian share market also rose despite rising local coronavirus cases, with the gains led by energy, property, industrial and IT stocks. Bond yields fell [...]

Investment markets and key developments over the past week Global share markets rebounded over the last week with US shares making a new record high helped by signs that the Delta wave may be slowing in the US, before a bit of caution pared gains later in the week ahead of the central bankers Jackson Hole meeting. Reflecting the positive global lead Australian shares also rose over the week but rising local coronavirus cases and mixed earnings results constrained the [...]

Investment markets and key developments over the past week Global share markets had a rough week reflecting a confluence of bad news - Afghanistan, China’s continuing regulatory crackdown, worries about the Delta wave in the US and the Fed’s meeting minutes confirming that reduced bond buying (or tapering) is getting nearer. Reflecting the weak global lead Australian shares also fell not helped by a further rise in cases and more lockdown extensions locally along with the continuing slide in iron [...]

Investment markets and key developments over the past week Global share markets continued to rise over the last week with reopening and earnings optimism offsetting Delta concerns and propelling US and European shares to record highs. The Australian share market also rose to a new high on the back of good earnings news offsetting ongoing dismal news on lockdowns - notably in NSW - with banks, telcos, utilities and retail stocks leading the market higher. Bond yields were little changed [...]

Investment markets and key developments over the past week Global share markets rose over the last week with US and European shares making a new high helped by good earnings results offsetting Delta concerns. The Australian share market also rose to a new high propelled by M&A activity in relation to Afterpay and Santos & Oil Search with strong gains in IT, financial, consumer staple and property stocks. Bond yields rose in the US, but were flat or down elsewhere. [...]

Investment markets and key developments over the past week Despite some concerns about Chinese regulatory tightening early in the week and ongoing worries about coronavirus US and European shares rose over the last week helped by strong earnings results in the US and strong data in Europe. Japanese and Chinese shares fell though with regulatory issues weighing on the latter. The positive US lead helped push the Australian share market up to a new high despite an extension to [...]

Investment markets and key developments over the past weekShare market indexes mostly managed to look through coronavirus concerns over the last week with rebounds helped by good US earnings and dovish guidance from the ECB. US, European and Chinese shares rose but Japanese shares fell. The positive global lead also helped push up the Australian share market to a new record high despite expanding lockdowns with strong gains in lockdown winners like health and IT offsetting weakness in resources stocks. Bond [...]