Weekly market update – week ending 5 June, 2020

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Investment markets and key developments over the past week Share markets continued to power up over the last week as developed countries saw further reopening along with more green shoots... Read more continue reading

Petrol prices still low, but upside risks

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Weekly Petrol Prices; China manufacturing National average petrol prices: There is no weekly average petrol pump price data today from the Australian Institute of Petroleum due to a public holiday... Read more continue reading

Weekly market update – week ending 29 May, 2020

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Investment markets and key developments over the past week Share markets continued to rally strongly over the past week as economic reopening in developed countries and stimulus measures continued but... Read more continue reading

RBA Governor: Downturn less severe than first feared

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Reserve Bank Governor Testimony; APRA Chair speech Reserve Bank Governor Testimony: Reserve Bank Governor Philip Lowe appeared before the Australian Senate Select Committee on COVID-19. He said, “With the national... Read more continue reading

10 medium to longer-term implications from the coronavirus shock

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Key points Key medium to longer-term implications flowing from the coronavirus shock are: lower for longer interest rates; a further blow to globalisation; another leg up in the US/China cold... Read more continue reading

COVID-19 risks outlook: A preliminary mapping and its implications

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Yesterday, the World Economic Forum released a new report: COVID-19 Risks Outlook: A preliminary mapping and its implications, to raise awareness and trigger timely debate as governments and businesses design post-lockdown... Read more continue reading

Record declines in retail sales and job ads

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Retail trade; Skilled job vacancies; US economic forecasts Retail trade: ‘Preliminary’ retail trade fell by a record 17.9 per cent in April after rising a record 8.5 per cent increase... Read more continue reading

Investors should take advantage of further volatility in high yield markets

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Global high-yield markets are tussling between trying to gauge the extent of lockdown-driven global economic malaise on the one hand, and the positive impact from enormous stimulus measures that have... Read more continue reading

Green shoots of recovery?

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Consumer confidence; Spending data; Weekly payrolls; Reserve Bank Consumer confidence: The weekly ANZ-Roy Morgan consumer confidence rating rose by 2.2 per cent to 92.3 points. Sentiment has lifted for seven... Read more continue reading

Weekly market update – week ending 15 May, 2020

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Investment markets and key developments over the past week Global share markets pulled back over the last week on worries about “second waves”, the economic outlook and tensions with China.... Read more continue reading