ABE Weekly 13/01/2021 Market Update “It always seems impossible until its done.” It has been relatively quiet on the western front over the past week. Domestically there is still a big focus on COVID related issues with State Governments continuously monitoring and updating the public. The US presidential inauguration has attracted quite a bit of attention, particularly in view of the riots [...]
ABE Weekly 06/01/2021 Market Update “Yesterday is history, tomorrow is a mystery, today is a gift, that’s why they call it the present.” Welcome to the Australian Bond Exchanges first weekly for 2021. If nothing else, we hope and expect that 2021 will be better than 2020 and we wish our clients all the best for the New Year. Equities [...]
ABE Weekly 16/12/2020 Market Update “Life isn’t about finding yourself; it’s about creating yourself” As we sign of for the year in what has been one of the most tumultuous periods in the last 100 years, the one common denominator across all the developed countries is the obsession by central banks to keep printing money. As we go to print The Financial Standard reported that the US Fed [...]
ABE Weekly 09/12/2020 Market Update “In search of interest income, thou shalt be open minded” As we approach the end, of what can only be described as a most challenging and very unusual year, we look towards 2021 and what lies ahead. In short it looks like 2021 will be a much better year all round for Australia with forecast increases in [...]
ABE Weekly 02/12/2020 Market Update “You are the master of your fate and captain of your soul” You must hand it to Trump, he’s still not giving up on his re-election dream but he’s allies are quickly falling by the wayside. Either way, the financial markets seem to be taking it in their stride. I think people will be glad to [...]
ABE Weekly 18/11/2020 Market Update “Why does man sacrifice his wealth at the expense of his health, then sacrifices his wealth to recuperate his health” Pfizer and BioNTech, two pharmaceutical firms, announced that their vaccine against covid-19 is more than 90% effective, according to early results from trials. The high success rate raised hopes of a quicker [...]
ABE Weekly 11/11/2020 Market Update The big news this week is that we have a new leader of the free world in Joe Biden. However, despite what appears to be a convincing win The Donald is not giving up without a fight. If the equity market is anything to go by the result was well received – change is [...]
ABE Weekly 04/11/2020 Market Update The big news this week was the RBA cutting the official cash rate by 15bps to 10bps. It was pretty much a given so didn’t really affect the markets too much. It also happened to be on the same day as the Melbourne Cup and ahead of the US election so was [...]
ABE Weekly 28/10/2020 Market Update AUSTRALIAN BOND EXCHANGE LAUNCHES NEW ENHANCED YIELD NOTE – PALLAS CAPITAL 7.5% 2024 This week’s highlight is the launch of a new issue by Pallas Capital of a 7.5% Fixed Rate Note maturing in 2024 with ABE as lead manager. The initial deal is set to raise $30m and quite possibly based on demand be [...]
ABE Weekly 14/10/2020 Market Update “Be fearful when others are greedy and greedy when others are fearful” - Warren Buffet Consumer sentiment in Australia surged 18% in September, coming off an extremely weak 79.5 read in August when Victoria moved back into lockdown and consumers were clearly fearing similar outbreaks in other states. On a positive note [...]