Market News – 01 April 2023
1/04/2023Key Events in April 2023 Off and racing April brings the full suite of economic data to assess how the global economy did in the first quarter. ‘Resilient’ is an apt description of the current situation but we anticipate a fading in the economic momentum in the coming quarters for most economies, given the lagged […]
Market News – 01 Feb 2023
1/02/2023Key Events in Jan 2023 Off and racing January was a strong start to the year for equity markets. Developed market equities gained 6.5%, while emerging market equities returned 6.6%. It wasn’t just equities that did well as the falling bond yield lifted prices and the Global Aggregate bond index rallied 3.2%. Fading inflation and […]
Market News – 16 Nov 2022
16/11/2022Key Events in October 2022 High inflation, rising interest rates as well as the tragic Ukraine conflict continue to cast a shadow over global financial markets. Consumer annual inflation has surged to nearly 11% in Europe and remains above 8% in the US. Australia’s annual inflation was 7.3% in the year to September 2022. Central […]
Market News – 18 Oct 2022
18/10/2022Key Events in October 2022 Persistent high inflation, aggressive interest rate rises from the major central banks as well as the tragic Russia – Ukraine conflict continues to cast a shadow over global financial markets. Consumer inflation has surged to 10% in Europe and remains above 8% in the US. According to the new monthly […]
Market News – 15 Sep 2022
15/10/2022Market Wrap – September 2022 High energy and food prices, rising interest rates and the conflict in Ukraine remain the key concerns for the global economy. Consumer annual inflation has surged to 9% in Europe and the US. Central banks continue to either rapidly raise interest rates or signal higher interest rates are coming to […]
Market News – 12 Aug 2022
12/08/2022Domino’s stock falls on ASX, while local share market won’t drink ‘Kool Aid’ on inflation. Australian fast-food chain Domino’s is losing ground on the local share market as the global brand exits the country that made pizza famous. The company that has the Australian franchise right to Domino’s had lost more than 5 per cent […]
Market News – 30 May 2022
30/05/202230th May Market Update Tech shares rally hard to help ASX to three-week high It was a strong session for rate-sensitive technology and payment firms as the local share market started the week sharply higher. ASX traders carried Friday’s form into a new week with rate-sensitive technology stocks helping to catapult the local sharemarket to […]
Market News – 11 May 2022
11/05/2022Consumer confidence plunges to lockdown levels while Australians prepare for the polls Australians’ confidence in the economy and their own financial situation has plunged to lockdown levels, just weeks before an election that is being fought on the rising cost of living. Here in Australia and globally, markets are considering rate hikes, inflation, war […]
Market News – 25 Mar 2022
25/03/2022Russian stocks have seen wild swings as the market reopened for limited trading after being shut down for a month, and the Australian market has risen to a two month high. Key points: The MOEX Russian index rose 4.4pc to 2,579, with energy and mining stocks driving the gains The Dow Jones index put on 1pc […]
Market News – 11 Mar 2022
11/03/2022ASX open slighly lower after US reveals inflation hit a 40 year high, oil and Wall St lower overnight. Key points: Wall St: Dow Jones -0.3%, S&P 500 -0.4%, NASDAQ -1.1% Bitcoin -6.4% to $US39,272.20 on Bitstamp at 6.42am AEDT Brent crude -1.6% to $US109.34 a barrel at 6.30am AEDT Iron ore -0.4% to $US156.95 […]