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Weekly Market Update – 4th December 2020

Investment markets and key developments over the past week Global share markets mostly pushed higher again over the last week helped by reasonably good economic data, renewed stimulus talk in the US and ongoing vaccine optimism. Eurozone shares slipped a bit, but other major markets rose with US shares reaching a new record high. Reflecting the strong global lead, stronger than expected Australian economic data and a surging iron ore price the Australian share market rose again for the fifth [...]

2020-12-09T11:28:10+10:30December 4th, 2020|Market Update|

Weekly Market Update – 27th November 2020

Investment markets and key developments over the past week Global share markets pushed higher again over the last week as positive vaccine news helped offset fears about the short-term economic impact of lockdowns in the US and Europe. US shares made it to a new record high as President elect Biden's nomination of Janet Yellen as Treasury Secretary was seen as positive. Reflecting the positive global lead Australian shares had a solid weak even pushing back to their starting point [...]

2020-12-02T11:11:39+10:30November 27th, 2020|Market Update|

Weekly Market Update – 20th November 2020

Investment markets and key developments over the past week While the US S&P 500 fell slightly over the last week on the back of rising new coronavirus cases and tightening restrictions in the US, other major global share markets rose helped by good vaccine news. Australian shares continued to recover with hopes that quick action will limit a covid outbreak in South Australia and as economic data continued to surprise on the upside with gains being led by financials, energy, [...]

2020-11-25T11:09:46+10:30November 20th, 2020|Market Update|

Weekly Market Update – 13th November 2020

Investment markets and key developments over the past week Global share markets rose further over the last week helped by positive news regarding a vaccine for coronavirus but gains were reduced later in the week by rising US coronavirus cases and the threat this posed to the economy with no progress on more fiscal stimulus. Australia shares rose sharply again helped by the positive global lead, a surge in energy stocks on the back of higher oil prices, corporate restructuring [...]

2020-11-18T10:47:58+10:30November 13th, 2020|Market Update|

Weekly Market Update – 6th November 2020

Investment markets and key developments over the past week Global share markets rebounded over the last week as a resolution of the US election came into sight offering more fiscal stimulus, less trade wars and likely avoiding US tax hikes. While the rebound in shares may be surprising given that the election is not fully resolved yet, US shares typically rally after close elections as we move into the stronger seasonal months for share market performance of November, December [...]

2020-11-09T11:07:10+10:30November 6th, 2020|Market Update|

Weekly Market Update – 30th October 2020

Investment markets and key developments over the past week Global share markets mostly fell again over the past week on the back of rising new coronavirus cases in Europe and the US, new lockdowns in Europe, signs of a tightening election in the US raising the prospect of a contested election and the absence of any progress towards a pre-election fiscal stimulus in the US. Reflecting the week global lead Australian shares also fell led by declines in cyclical sectors [...]

2020-11-03T08:32:23+10:30October 30th, 2020|Market Update|

Weekly Market Update – 23rd October 2020

Investment markets and key developments over the past week Global share markets were mixed over the last week being buffeted again by waxing and waning stimulus prospects in the US and ever rising numbers of new coronavirus cases. US and Eurozone shares fell but Japanese and Chinese shares rose slightly. Reflecting the messy global lead Australian shares fell slightly as a rise in bond yields pushed down utilities, telcos and property stocks and materials and consumer staples also fell which [...]

2020-10-28T08:20:16+10:30October 23rd, 2020|Market Update|

Weekly Market Update – 16th October 2020

Investment markets and key developments over the past weekGlobal share markets were mixed over the last week being buffeted by the rising number of new coronavirus cases and waxing and waning stimulus talk in the US. US and Chinese shares rose but Eurozone and Japanese shares fell. Australian shares were given a strong boost by the RBA signalling further easing ahead and lower for even longer interest rates with strong gains in IT, financial, consumer, utility and telco stocks pushing the [...]

2020-10-21T10:43:23+10:30October 16th, 2020|Market Update|

Weekly Market Update – 9th October 2020

Investment markets and key developments over the past week Share markets rose solidly over the past week on hopes for a stimulus deal in the US, whether before the election or after if there is a Democrat clean sweep. Australian shares benefitted from the positive global lead but also from fiscal stimulus in the Budget with the ASX seeing strong gains across all sectors but particularly in energy, financial, IT, material and consumer discretionary stocks. Reflecting the "risk on" tone [...]

2020-10-13T14:11:31+10:30October 9th, 2020|Market Update|

Weekly Market Update – 2nd October 2020

Investment markets and key developments over the past week Global share markets mostly rose over the last week helped by dip buying in the US, some hope (which is now fading) for a new US stimulus deal and mostly good economic data. Australian shares fell though, after bucking the trend of falling markets in the previous week and with energy, consumer staple, utility, health and financial shares particularly hard hit. Bond yields fell in the Eurozone but mostly rose elsewhere. [...]

2020-10-13T14:13:38+10:30October 2nd, 2020|Market Update|
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