Market Update Global equity markets continued to perform strongly over February and March boosted by resolution of the latest Greek sovereign debt deal and data indicating that the US economic recovery is gaining some momentum. However, balancing this news has been the slowing of the Chinese economy and a slight reduction in commodity prices which
Market Update Global markets have kicked off 2012 in a positive fashion. After a poor 2011 there seems to be a cautious optimism flowing through to equity markets. Some significant developments influencing markets at the moment include: US corporate reporting for the quarter ending 31 December 2011 was reasonable, although slightly below expectations. Australian corporate
Market Update The 2011 calendar year was a poor year for equity markets. The ASX 300 returned -11% for the year. During December global equity markets held up largely due to: the EU (excluding UK) agreeing to stricter government deficit rules (to reduce the rate of growth of sovereign debt). US economic indicators pointing to
Market Update: The month of November has been dominated by European Sovereign debt crisis. The key issues at the moment can be summarised as follows: The total debt of most EU countries is growing as governments continue to run budget deficits, Any significant measures to reduce the budget deficit are likely to slow economic growth
Market Update: After a very difficult start to the financial year, Global equity markets are up significantly in October 2011. The Australian market is up around 8% for the month. The main influence driving markets has been some positive resolutions last week by Europe’s leaders to combat the Sovereign debt crisis. Key initiatives agreed to
Market Update: Equity markets have performed poorly for the financial year to date (i.e. 1 July 2011 to 26 September 2011). The main issue affecting markets is the risk that the current European and US sovereign debt crisis will cause a second Global economic recession. Recent economic news has reinforced that the expected rate of
Market Update Equity markets have been extremely volatile during July with daily movements of up 2% (both up and down). The financial news continues to be dominated by Global sovereign debt issues. The European community have nearly finalised the second sovereign debt rescue package for Greece. As part of this agreement they have also looked
