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FinSec Blog2019-07-16T05:21:06+00:00
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. [...]

21June 2019

Weekly Market Update – 21st June 2019

June 21st, 2019|FinSec Post, Weekly Market Update|

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%. Expectations for monetary easing saw bond [...]

13June 2019

Weekly Market Update – 7th June 2019

June 13th, 2019|FinSec Post, Weekly Market Update|

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 rose as the $US fell in [...]

4June 2019

Weekly Market Update – 31st May 2019

June 4th, 2019|FinSec Post, Weekly Market Update|

Investment markets and key developments over the past week Global share markets fell again over the last week on the back of worries about global growth in the face of the escalating US/China trade war, made worse by President Trump's decision to put a 5% tariff from June 10 on imports from Mexico rising to 25% by October unless it stops illegal immigration. US shares lost 2.6% for the week, Eurozone shares fell 2% and Japanese shares lost 2.4%. Chinese shares managed to rise 1% over the week [...]

31May 2019

Why your insurance within super could be at risk from July 1

May 31st, 2019|Federal Budget, FinSec Post, Insurance, Superannuation|

Anyone holding insurance inside of super must be aware of the upcoming changes to inactive accounts, and to take prompt action if they wish to avoid having insurance they need cancelled. What is changing? From 1 July this year, super funds will be required to cancel insurance cover within accounts if the account is deemed inactive. An inactive account is defined as any super account that: has not received a contribution or rollover for 16 continuous months, and the member has not opted in to continue their [...]

29May 2019

Weekly Market Update – 24th May 2019

May 29th, 2019|FinSec Post, Weekly Market Update|

Investment markets and key developments over the past week Global share markets fell over past week amid escalating noise around the US/China trade war and increasing signs that it may be impacting business conditions. US shares fell 1.2%, Eurozone shares lost 2.1%, Japanese shares fell 0.6% and Chinese shares fell 1.5%. However, Australia's 'miracle' election helped drive a 1.4% gain in the Australian share market with investors pricing out the risk of a Labor Government which resulted in a surge in bank, retail and property shares more than [...]