Weekly market update – week ending 3 July 2020

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Investment markets and key developments over the past week Despite ongoing concerns about coronavirus most major share markets saw solid gains over the last week helped by good economic data, positive vaccine news and policy stimulus. Japanese shares fell but US shares rose 4% in a holiday shortened week, Eurozone shares rose and Chinese shares […]

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The US presidential election – implications for investors

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Key points The run up to the US election on 3rd November has the potential to see increased share market volatility if it looks increasingly likely Biden will win and if Trump ramps up tensions with China (and maybe Europe) in response. However, this is likely to be short lived as there is no reason […]

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Weekly market update – week ending 26 June,2020

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Investment markets and key developments over the past week Most major share markets fell over the last week as concerns about “second waves” of coronavirus cases, uncertainty about the growth outlook and geopolitical risks continue to rattle investors. The weak global lead and concerns about rising cases in Victoria also contributed to a fall in […]

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Weekly market update – week ending 19 June, 2020

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Investment markets and key developments over the past week Share markets rose over the last week as ongoing signs of economic recovery and stimulus measures helped offset concerns about a “second wave” of coronavirus cases. US shares gained 1.9%, Eurozone shares rose 3.1%, Japanese shares rose 0.8% and Chinese shares rose 2.4%.  Australian shares also […]

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Weekly market update – week ending 12 June, 2020

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Investment markets and key developments over the past week Share markets fell sharply over the last week on concerns about a second wave of cases in many US states and the pace of economic recovery after cautious Fed comments. This came after a huge rally since the March lows – with US shares rising 44% […]

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Shares climb a “wall of worry” – but is it sustainable

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Key points The strong rally in shares since their March lows reflects a combination of economic reopening, signs of recovery, policy stimulus and once pessimistic investors closing underweight or short positions. Shares are vulnerable to a short-term consolidation or pullback. But if we are right, and April was the low in economic conditions, then shares […]

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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 of recovery (including a much better than expected jobs report in the US) and as some countries unveiled more stimulus measures, all of which swamped […]

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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 worries about an escalation in US/China tensions saw gains reduced late in the week. Despite taking a bit of a hit on Friday from worries […]

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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 war; bigger government and public debt; a long-term risk of higher inflation; consumer & investor caution; faster embrace of technology; bad for airlines; another test […]

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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. Australian shares were hit too with concerns about trade tensions with China and worries about the banks but good gains in materials, telcos and health […]

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