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15January 2021

Weekly Market Update – 15th January 2021

January 15th, 2021|Market Update|

Investment markets and key developments over the past week Global share markets were mixed over the last week with Japanese shares up strongly, but US and European shares down slightly partly on profit taking after a run of strong gains along with concern about rising bond yields and Chinese shares also down. Consistent with the soft US lead Australian shares also fell slightly with gains in energy, financial and IT stocks being more than offset by falls in consumer staple, health and industrial shares. Bond yields [...]

8January 2021

Weekly Market Update – 8th January 2021

January 8th, 2021|Market Update|

Investment markets and key developments over the past week Global share markets rose strongly over the last week as prospects for even more stimulus in the US after the Georgia Senate elections offset concerns about surging coronavirus cases. US shares rose 1.8%, Eurozone shares gained 2.8%, Japanese shares rose 2.5% and Chinese rose 5.5%. Reflecting the positive global lead Australian shares rose 2.6% to a 10-month high, with stocks leveraged to recovery in the energy, material, financials and consumer sectors leading the charge and more than [...]

18December 2020

Weekly Market Update – 18th December 2020

December 18th, 2020|Market Update|

Investment markets and key developments over the past week Global share markets pushed higher again over the last week as the roll out of vaccines and US stimulus optimism offset uncertainties about the near-term impact from lockdowns. While the latest coronavirus outbreak in Sydney weighed on Australian shares on Friday, the local share market still rose for a seventh week in a row helped by the positive global lead and stronger than expected local economic data. IT, retail and telco shares led the gains with continuing [...]

18December 2020

A FinSec View #23

December 18th, 2020|The FinSec View|

Issue: Friday 18 December 2020 In the words of Bob Dylan "Doesn't expecting the unexpected make the unexpected expected?" But what we weren't expecting... A pandemic on a global scale; Masks and social distancing our new normal; Children home-schooled; Borders closed; All gatherings and celebrations cancelled; The fastest bear market in history Businesses told to operate virtually or not at all; Almost 200 of the largest public companies in the US reaching zombie status; and Central banks the heroes, with a bottomless bucket of money. [...]

11December 2020

Weekly Market Update – 11th December 2020

December 11th, 2020|Market Update|

Investment markets and key developments over the past week Global share markets had a slight pull back over the last week with the absence of a new stimulus deal and still rising new coronavirus cases in the US weighing. Despite this, Australian shares rose for the sixth week in a row, albeit it was only a small gain, with a surge in the iron ore price and higher oil prices pushing up resource stocks along with good gains in IT and consumer discretionary stocks balancing weakness [...]

4December 2020

A FinSec View #22

December 4th, 2020|The FinSec View|

Issue: Friday 04 December 2020   The recession is officially over Adding to a year of wildly fluctuating data, figures released on Wednesday show the Australian economy grew by 3.3% in the July-September quarter. It's the largest quarterly increase since 1976 and comes after a 7% contraction in the April to June quarter, the largest quarterly fall on record. The growth spurt was powered by a rise in household consumption growing by 7.9%, the largest rise in the 60-year history of the national accounts. Good [...]

4December 2020

Weekly Market Update – 4th December 2020

December 4th, 2020|Market Update|

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 week in a row with gains [...]

27November 2020

Weekly Market Update – 27th November 2020

November 27th, 2020|Market Update|

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 for the year earlier in the [...]

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