FinSec Blog2020-04-01T06:51:01+10:30
12August 2022

Weekly Market Update – 12th August 2022

August 12th, 2022|Market Update|

Investment markets and key developments over the past weekThe share market rebound continued over the last week helped by weaker than expected US inflation data. Australian shares were little changed though with strong gains in resources largely offset by sharp falls in IT, health and property shares. Bond yields generally rose as the fall in yields in prior weeks had gone a little too far too fast. Oil prices rose partly due to US supply disruptions and increased demand forecasts on the back of higher gas prices. [...]