Market Update

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 [...]

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 [...]