Global equities rose 2.6% in August, and the outlook remains encouraging. Global forward earnings accounted for most of the increase in equity prices, rising 1.9%. Despite a renewed wave of global COVID cases, rising vaccination rates have meant fewer are ending up in hospital or dying...
Global equities pushed higher in July, and the outlook remains encouraging. Despite a renewed wave of global COVID cases, rising vaccination rates have meant even fewer are ending up in hospital or dying – allowing major economies such as the United States and Europe to avoid...
An apparent easing of inflation concerns and central bank tightening fears were the major market drivers in June, along with continued progress in the global vaccine rollout and reduction in COVID-related restrictions. [vc_video link='https://www.youtube.com/watch?v=WsiWruLObGs'] [vc_separator type='normal' position='center' color='#000000' thickness='1' up='20' down='20'] As a result, the global equity rally...
The global equity rally continued in May, with the MSCI All-Country World Equity Index returning 1.1% in local currency terms, to be up 38.4% over the year. Global bond yields and the $US eased back further, while commodity prices continued to rise. [vc_video link='https://www.youtube.com/watch?v=zuEqvZ_FE0o'] [vc_separator type='normal' position='center'...
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...