Weekly Market Update

/Weekly Market Update

Weekly Market Update – 16th August 2019

Investment markets and key developments over the past week The past week saw share markets remain under pressure as the trade war rolled and Chinese and German economic data was weak leading to an intensification of global growth fears particularly after declining US bond yields saw a further inversion in the US yield curve. While Chinese shares rose on stimulus hopes US, European and Japanese shares fell, leaving global shares down around 6% from their July high. Reflecting global growth [...]

2019-08-21T02:26:56+00:00August 16th, 2019|Weekly Market Update|

Weekly Market Update – 9th August 2019

Investment markets and key developments over the past week The past week saw a roller coaster ride in share markets with sharp falls after China responded to US President Trump's latest tariffs by letting the Renminbi fall in value and ordering state-owned enterprises to halt agricultural imports from the US and the US responded by labelling China a currency manipulator, followed by a rebound as China limited downside in the Renminbi and more central banks eased only to see softness [...]

2019-08-15T02:45:34+00:00August 9th, 2019|Weekly Market Update|

Weekly Market Update – 2nd August 2019

Investment markets and key developments over the past week It was back to "risk off" over the last week as the resumption of the US/China trade war, a less dovish than expected Fed and mixed economic data pushed global share markets down. The Australian ASX 200 followed the All Ords index to a new record high early in the week but the local market succumbed to global share market falls later in the week. Australia is not directly affected by [...]

2019-08-07T04:47:19+00:00August 2nd, 2019|Weekly Market Update|

Weekly Market Update – 26th July 2019

Investment markets and key developments over the past weekShare markets rose over the last week helped along by positive news on trade, a deal to resolve the US debt ceiling and reasonable US earnings. While Australian shares slipped on Friday, they rose through the week helped by the positive global lead with the All Ords finally surpassing its 2007 all-time high with strong gains in energy, consumer, industrial and financial shares. Bond yields fell further with the Australian ten-year bond yield [...]

2019-07-31T00:42:37+00:00July 26th, 2019|Weekly Market Update|

Weekly Market Update – 19th July 2019

Investment markets and key developments over the past week US, European and Japanese shares slipped over the last week as trade war uncertainty continued to weigh amidst some mixed US earnings reports. Global trade war uncertainties also weighed on the Australian share market with a sharp fall in oil prices particularly hitting energy stocks, but gains in materials, consumer and health stocks left the local market broadly flat for the week. Chinese shares were also up slightly. Reflecting more talk [...]

2019-07-22T00:12:25+00:00July 22nd, 2019|Weekly Market Update|

Weekly Market Update – 12th July 2019

Investment markets and key developments over the past week Global share markets were mixed this week. Dovish comments from US Fed Chair Powell confirmed market expectations for rate cuts starting from July boosting US equities but these expectations were tempered by stronger US consumer price data. This week, US shares are up by 0.3% (and hit a record high), European shares are 0.9% lower, Japanese shares fell by 0.5%, Chinese equities are 2.8% lower and Australian shares are down by [...]

2019-07-18T02:38:20+00:00July 12th, 2019|Weekly Market Update|

Weekly Market Update – 5th July 2019

Investment markets and key developments over the past weekShare markets rose solidly over the last week buoyed by a bunch of good news including the latest US/China trade war truce, the nomination of Christine Lagarde to head the ECB after Mario Draghi and, in Australia, another rate cut and Parliamentary support for tax cuts. While US shares dipped slightly on Friday as strong jobs growth for June dimmed hopes for a 50-basis point Fed rate cut later this month they still [...]

2019-07-17T01:37:44+00:00July 5th, 2019|Weekly Market Update|

Weekly Market Update – 28th June 2019

Investment markets and key developments over the past week Global shares slipped over the last week on the back of uncertainty ahead of the Trump/Xi meeting at the G20 and fears that the Fed may not be dovish enough in the face of soft data. Bond yields were flat to down reflecting global uncertainties, expectations for monetary easing and safe haven demand. Oil prices rose on continuing US/Iran tensions and gold and copper prices rose helped by a falling $US but the [...]

2019-07-04T01:38:46+00:00June 28th, 2019|FinSec Post, Weekly Market Update|

Weekly Market Update – 21st June 2019

Investment markets and key developments over the past week Share markets pushed higher over the last week as the US Federal Reserve (the Fed) and the European Central Bank (ECB) strongly hinted at monetary easing ahead and as it was confirmed that Presidents Trump and Xi will meet on the sidelines of the 28-29 June G20 meeting in Japan. US shares rose 2.2%, Eurozone shares rose 2.1%, Japanese shares gained 0.7%, Chinese shares rose 4.9% and the Australian share market gained 1.5%. [...]

2019-07-04T01:41:18+00:00June 21st, 2019|FinSec Post, Weekly Market Update|

Weekly Market Update – 7th June 2019

Investment markets and key developments over the past week Share markets, except for China's, rose over the last week on increasing prospects for Fed rate cuts in response to the negative impact of trade wars. The Australian share market also saw a modest boost from the RBA cutting rates. The prospect of more rate cuts and easier monetary policy left bond yields flat to down. Commodity prices were mixed with oil and iron ore down but copper and gold up. The $A [...]

2019-06-13T04:29:28+00:00June 13th, 2019|FinSec Post, Weekly Market Update|