Weekly Market Update

Home/Weekly Market Update

Weekly Market Update – 27th March 2020

Investment markets and key developments over the past week After 30% plus falls from their highs earlier this year, share markets had a welcome rebound over the last week. While the number of coronavirus cases continues to soar and economic data beyond China is now starting to show the huge impact from the shutdowns, share markets managed to rebound because a lot of bad news had already been factored in and a government and central bank stimulus measures are now [...]

2020-04-06T00:33:59+00:00March 27th, 2020|Weekly Market Update|

Weekly Market Update – 20th March 2020

Investment markets and key developments over the past week Share markets remained under pressure over the last week as the number of coronavirus cases continued to surge, economic data started to weaken sharply and financial markets saw increasing dysfunction. The latter was highlighted by a blow out in corporate borrowing rates and a surge in government bond yields (as fund managers facing redemptions sold their liquid previously strong positions and there has been a rush into cash) and increasing difficulty [...]

2020-03-27T04:31:40+00:00March 20th, 2020|Weekly Market Update|

Weekly Market Update – 13th March 2020

Investment markets and key developments over the past weekShare markets collapsed over the past week as concerns about the global economic impact of the coronavirus intensified, oil prices plunged as part of the secondary impact and policy responses by President Trump and the ECB were seen as not enough. Australian shares fell around 20% with energy shares leading the way down but selling was broad based with industrials, financials and property stocks hit hard given the impending impact on the local [...]

2020-03-17T06:09:13+00:00March 13th, 2020|Weekly Market Update|

Weekly Market Update – 6th March 2020

*** Please note: The below information was prepared as it stood, Friday 6th March 2020. While market conditions have changed significantly in the last 24 hours, the general sentiment and insights provided in this update remain current. We are monitoring the Covid-19 situation closely and will continue to provide updates as appropriate. This morning the below missive titled 'the way forward in four broad scenarios' hit our inbox. Considering just how fast the ground continues to move beneath us, [...]

2020-03-10T21:46:30+00:00March 6th, 2020|Weekly Market Update|

Weekly Market Update – 21st February 2020

Investment markets and key developments over the past week Global share markets mostly fell over the last week on ongoing concerns about the coronavirus outbreak, particularly after several US companies warned of disruptions to supply chains and sales. Chinese shares managed to rise though as China continued to role out new stimulus measures. Australian shares also rose slightly to hit a new record high helped by better than feared profit results and renewed talk of RBA interest rate cuts. Bond [...]

2020-02-24T00:00:16+00:00February 21st, 2020|Weekly Market Update|

Weekly Market Update – 14th February 2020

Investment markets and key developments over the past week Share markets generally rose over the last week, but gains were constrained by ongoing concerns about the coronavirus outbreak after China announced a large increase in new cases. US shares rose 1.6%, Eurozone shares rose 1.4% and Chinese shares gained 2.3%, but Japanese shares fell 0.6%. Reflecting the generally positive global lead Australian shares rose 1.5% leaving them just below their January record high with strong gains in financials, utilities, health [...]

2020-02-18T00:04:08+00:00February 14th, 2020|Weekly Market Update|

Weekly Market Update – 7th February 2020

Investment markets and key developments over the past week Global share markets rebounded over the last week on optimism the coronavirus outbreak will be contained as well as solid earnings results, although they gave up some of their gains at the end of the week on renewed concerns about the virus' impact on economic growth. For the week, US shares rose 3.2%, eurozone shares rose 4.0% and Japanese shares gained 0.7%. Australian shares benefitted initially from the global rebound, but [...]

2020-02-10T03:44:31+00:00February 7th, 2020|Weekly Market Update|

Weekly Market Update – 31st January 2020

Investment markets and key developments over the past week Equity markets continued to weaken over the week as the number of Coronavirus cases increased. While the Chinese and Hong Kong markets are closed for Lunar New Year, Japanese stocks were down by 2%, Eurozone equities fell by 2.3% while US and Australian markets also decreased but by a lesser extent ( 0.4% in US and -0.7% in Australia). However, news that the World Health Organisation (WHO) declared the outbreak of [...]

2020-02-02T23:47:51+00:00January 31st, 2020|Weekly Market Update|

Weekly Market Update – 24th January 2020

Investment markets and key developments over the past week This week equity markets were knocked around with worries about a flu pandemic spreading from China. Asian equities were the hardest hit, with Chinese shares down 3.6%, Japan 1.1% lower, Euro stocks declined by 1.9% while US shares are down only by 0.1% this week and Australian equities are bucking the trend so far (+0.7%). Travel, insurance and luxury stocks were all negatively impacted (more on the details of the [...]

2020-01-28T22:58:54+00:00January 24th, 2020|Weekly Market Update|

Weekly Market Update – 17th January 2020

Investment markets and key developments over the past week The solid rally in sharemarkets since the beginning of the year continued this week with US (up by 1.6% over the week) and Australian shares hitting a record high (+2.1% this week) as investor optimism lifted on good US and China data and the signing of Phase One of the US/China trade deal. Eurozone stocks lagged behind ( 0.4%) but this followed a strong rally last week. At the time of [...]

2020-01-20T05:43:54+00:00January 17th, 2020|Weekly Market Update|