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FinSec Blog2019-07-16T05:21:06+00:00
16August 2019

Weekly Market Update – 16th August 2019

August 16th, 2019|Weekly Market Update|

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 fears along with some weak profit [...]

9August 2019

Weekly Market Update – 9th August 2019

August 9th, 2019|Weekly Market Update|

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 return as President Trump said US/China [...]

2August 2019

Weekly Market Update – 2nd August 2019

August 2nd, 2019|Weekly Market Update|

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 the US/China trade war, but it [...]

26July 2019

Weekly Market Update – 26th July 2019

July 26th, 2019|Weekly Market Update|

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 falling to a new record low [...]

22July 2019

Weekly Market Update – 19th July 2019

July 22nd, 2019|Weekly Market Update|

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 of monetary easing bond yields fell. [...]

12July 2019

Weekly Market Update – 12th July 2019

July 12th, 2019|Weekly Market Update|

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 0.7% (but this follows significant outperformance [...]

5July 2019

Weekly Market Update – 5th July 2019

July 5th, 2019|Weekly Market Update|

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 rose 2.2% over the week. For [...]

28June 2019

Weekly Market Update – 28th June 2019

June 28th, 2019|FinSec Post, Weekly Market Update|

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 iron ore price was little changed. [...]