The global equity rally continued in April, helped by an easing back in global bond yields as central banks reiterated their desire to keep accommodative financial conditions. A weaker $US also helped fuel a rebound in commodity prices after they endured a small correction in...
Hedging to put simply is to limit your risks and in the context of currency, and for Australian investors, is to use financial instruments such as derivatives to negate the rise and fall of the Australian dollar that may impact the value of your international...
Value still holding up over growth Reflecting the improving economic outlook, global equities continued to move higher in March, though so too did bond yields. Commodity prices, by contrast, corrected a little, which perhaps reflected a tightening in Chinese credit conditions. Despite the ‘risk-on’ sentiment, the...
Interest rates – a less orderly increase! After gradually increasing over recent months, long-term bond yields rose more sharply in February, with the U.S. 10-year rate rising 34 basis points (bp) to 1.41%. Australian 10-year bond yields rose a staggering 78bp to 1.92%, with the 10-year...
Key global trends – equities drop further Global equities eased back for the second month in a row in October as rising COVID-19 cases in Europe and the United States, concern over the lack of new U.S. fiscal stimulus and Presidential election jitters took their toll....
Key global trends – equities finally pull back Global equities had their first monthly negative return since bottoming in March, reflecting a shakeout in the high-flying U.S. technology sector. Despite the risk-off equity sentiment, gold prices also fell back (and commodities more generally), which likely reflected...
Key global trends - equity rally continues Global equities continued their V-shaped recovery in August, while the $US continued its decline. In a counter-trend move, perhaps reflecting growing investor confidence in an economic recovery, there was a small uptick in global bond yields and an easing...
Key global trends - equity rally continues Despite still-rising COVID-19 cases globally – and signs of a tempering in the economic rebound – the V-shaped global equity recovery continued into July. The MSCI All-Country World Equity Return Index rose by 4.0% in local currency terms, after...
Key global trends – equity rally continues The global equity market recovery continued into June, reflecting a lift in some economic indicators as social distancing restrictions eased and investors remained confident that central banks will keep monetary conditions extremely easy. The influence of U.S. monetary stimulus...
Key Global Trends - Equity Rally Continues Global equities pushed higher in May, continuing the rebound of the previous month, reflecting ongoing hopes of a speedy return to economic normalcy as both new COVID-19 cases and social distancing restrictions eased further in most advanced economies. Risk-on...