Weekly market update – week ending 1 March, 2019

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Investment markets and key developments over the past week While US shares fell slightly over the last week with geopolitical noise not helping other major share markets including Australian shares continued to rise, arguably playing catch up to the rally in US shares. The Australian share market was led higher by health, IT, banks and […]

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What we’ve learned so far, this reporting season – Proposed franking changes front of mind

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Australia’s semi-annual reporting season is almost coming to an end. Profit results are being clouded by negative sentiment on politics, financial conditions and house prices. “But politics is also creating an interesting dynamic for dividends and capital management,” notes Reece Birtles, Chief Investment Officer, Martin Currie Australia, a Legg Mason equities investment affiliate manager. He […]

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Reporting season wrap: where to now for investors

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The ASX was up strongly in February, indicating a positive investor reaction to reporting season, says Julian Beaumont, investor director with BAEP. “The market mood was somewhat nervous leading into reporting season, with many fund managers perceiving significant earnings risk. Stirring these nerves, the few downgrades pre-announced before February were treated harshly, even when they […]

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Weekly market update – week ending 22 February, 2019

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Investment markets and key developments over the past week While US shares were little changed over the last week other major markets saw solid gains helped by good news on trade. This included Australian shares which got a further lift from reasonable earnings results, more talk of rate cuts and upgrades to earnings growth expectations […]

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The race of our lives

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GMO’s Jeremy Grantham and Lucas White believe we’ve reached the fork in the road when it comes to our ability to mitigate climate change risks in 2018 and beyond. In fact, we have embarked in the race of our lives. Mr Grantham says one material advantage is the accelerating burst of green technologies, at a […]

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Lowest domestic discount airfares in 2½ years; Chinese business inflation at 2-year lows

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Domestic airfares; China inflation Discount airfares: Discount airfares fell by 0.7 per cent in February after declining by 34.6 per cent in January. Discount fares are down by 4.3 per cent over the year – the weakest annual growth rate in 2½ years. In smoothed terms, discount fares increased by 0.5 per cent on a year […]

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Weekly market update – week ending 15 February, 2019

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Investment markets and key developments over the past week Global share markets rose over the last week helped by optimism on US/China trade talks, progress towards averting a renewed partial government shutdown in the US along with okay earnings results. Australian shares were little changed having outperformed sharply in the previous. Bond yields were little […]

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Nowhere near a recession

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Capital Market Pulse While we have clearly passed the peak in global growth, we believe that we are nowhere near a recession Risk appetite has recovered since the start of 2019, but remains fragile in light of ongoing political and geopolitical uncertainties We continue to look for diversifying and de-correlating strategies, such as alternatives, in […]

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Low petrol price provides a boost for familie

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Weekly Petrol Prices Petrol: According to data from the Australian Institute of Petroleum, the national average price of unleaded petrol fell by 3.3 cents to 127.4 cents a litre in the past week. The petrol figures have implications for retailers, especially petrol marketing groups. What does it all mean? The Singapore gasoline price has lifted 6 […]

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Weekly market update – week ending 8 February, 2019

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Investment markets and key developments over the past week Global shares were flat to down over the past week not helped by weak economic data and trade uncertainty. Australian shares saw a strong rise though as the banks saw a Royal Commission relief rally, the prospect of RBA rate cuts provided a boost to retailers, […]

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