Market Update

Investment markets and key developments over the past week Global share markets rose over the past week helped by continuing signs of economic recovery, positive coronavirus vaccine and treatment news and anticipation of the Fed's shift to inflation average targeting. Australian shares fell slightly though over the past week reflecting poor earnings results with weakness in utilities, energy, health, telco and material shares. Bond yields rose helped by the Fed's more dovish approach to inflation targeting. The iron ore price [...]

Investment markets and key developments over the past week Major global share markets, with the exception of Chinese shares, rose over the last week as US new coronavirus cases trended down and on optimism regarding a vaccine and the economic outlook, with the US share market briefly surpassing its February closing high. The positive global lead along with a fall in new Victorian cases saw Australian shares rise to the top end of the range they've been in since June [...]

Investment markets and key developments over the past week Major global share markets, with the exception of Chinese shares, rose over the last week as US new coronavirus cases trended down and on optimism regarding a vaccine and the economic outlook, with the US share market briefly surpassing its February closing high. The positive global lead along with a fall in new Victorian cases saw Australian shares rise to the top end of the range they've been in since June [...]

Investment markets and key developments over the past week Share markets generally rose over the last week helped by a combination of better than expected earnings in the US, good economic data and positive vaccine news. This saw the US share market push up to just 1% below its February high. The positive global lead offset the blow to the economic recovery from Melbourne's stage 4 lockdown and saw Australian shares rise with strong gains in energy, material, IT, telco [...]

Investment markets and key developments over the past week Share markets were mixed over the last week with Chinese shares up solidly and US shares rising slightly on the back of good earnings results, particularly for tech stocks, but Eurozone, Japanese and Australian shares fell on uncertainty regarding the economic outlook. Australian shares were dragged lower by sharp falls in energy, financial, health, property and utility stocks. Bond yields generally fell again. Oil prices fell but metals and iron ore [...]

Investment markets and key developments over the past week Global share markets started the past week off strongly with US shares breaking out to new recovery highs, but gains were partly reversed later in the week on worries about the economic recovery in the face of rising coronavirus cases and increasing US/China tensions albeit this still left US, Eurozone, Japanese and Chinese shares up. Despite strength early in the week, Australian shares fell on the back of worries about the [...]

Investment markets and key developments over the past week US, European and Japanese share markets rose over the past week as positive news on vaccines and mostly good economic data offset a continuing rise in new US coronavirus cases. Australian shares benefitted from the positive US lead with strong gains in materials, utilities, retail and financial shares helping to offset concerns about the continuing surge in cases in Victoria. Chinese shares fell though after a very strong gain so far [...]

Investment markets and key developments over the past week Share markets were mixed over the last week as investors were torn between rising coronavirus cases and US/China tensions on the one hand but indicators of recovery and policy stimulus on the other. US shares rose but gave up some of their initial gains, Eurozone shares fell, Japanese shares rose and Chinese shares surged by 9% or so. Australian shares fell on the back of fears about the economic impact of [...]

Investment markets and key developments over the past week Despite ongoing concerns about coronavirus most major share markets saw solid gains over the last week helped by good economic data, positive vaccine news and policy stimulus. Japanese shares fell 0.9%, but US shares rose 4% in a holiday shortened week, Eurozone shares rose 2.8% and Chinese shares surged 6.8% taking them above their pre-coronavirus highs. The strong global lead also helped the Australian share market overcome concerns about rising coronavirus [...]

Investment markets and key developments over the past week Most major share markets fell over the last week as concerns about "second waves" of coronavirus cases, uncertainty about the growth outlook and geopolitical risks continue to rattle investors. The weak global lead and concerns about rising cases in Victoria also contributed to a fall in Australian shares with sharp falls in energy, industrial, IT and property shares. Bond yields were little changed although they fell in Europe. Oil prices fell, [...]