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About Lex Nguyen

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So far Lex Nguyen has created 88 blog entries.

ABX Weekly 01/07/2020

2020-07-01T19:38:34+10:00

ABX Weekly 01/07/2020 The major headline this week belongs once again to the renewed anxiety of the resurging number of the virus outbreak in Melbourne with news of Coles and Woolworths having reinstated purchase limits on toilet paper and paper towels across Australia as panic buying spreads to other states.   On top of this we had Qantas announcing its much anticipated major [...]

ABX Weekly 01/07/20202020-07-01T19:38:34+10:00

ABX Weekly 24/06/2020

2020-06-25T17:50:56+10:00

ABX Weekly 24/06/2020 Market Update   Financial markets had a quiet week and Government bond yields were steady with our 10y bond currently sitting at 0.91%. One of the major economic announcements was the Australian jobless rate which hit 7.1% in May up from 6.2% in April (highest unemployment since October 2001) which was slightly higher than [...]

ABX Weekly 24/06/20202020-06-25T17:50:56+10:00

ABX Weekly 17/06/2020

2020-06-19T07:41:35+10:00

ABX Weekly 17/06/2020 Market Update   It seems there is no end to the Central Bank bubble. The Fed Reserve continues to implement any form of QE it can to stimulate the economy leaving the system even more saturated with cash. At the risk of giving the system indigestion the Fed will continue with its stimulus program [...]

ABX Weekly 17/06/20202020-06-19T07:41:35+10:00

ABX Weekly 10/06/2020

2020-06-12T17:50:44+10:00

ABX Weekly 10/06/2020 Market Update     Clearly equity markets are very overbought in the short term and are well overdue for some pull back which would be very healthy as there are still many very uncertain factors to be considered and there is still a long way back to some sort of normality.  Some current economic releases of the US job openings and [...]

ABX Weekly 10/06/20202020-06-12T17:50:44+10:00

ABX Weekly 20/05/2020

2020-05-21T14:11:56+10:00

ABX Weekly 20/05/2020   Market Update The Australian economy is slowly being reopened and Treasurer Josh Frydenberg has expressed the opinion that the time was right to start boosting employment and bringing people back to work. Treasury analysis predicts that close to 400,000 people in the food and accommodation workforce should be back by July [...]

ABX Weekly 20/05/20202020-05-21T14:11:56+10:00

ABX Weekly 13/05/2020

2020-05-19T15:42:32+10:00

ABX Weekly 13/05/2020 Market Update     The big news was that our PM Scott Morrison announced on Friday the plan of how to reopen the economy in three stages. This should provide us all with a clear roadmap for the next foreseeable future and should provide some positive inspiration which is much need in this very difficult time. There are some glimmer of hope among all the negative news [...]

ABX Weekly 13/05/20202020-05-19T15:42:32+10:00

ABX Weekly 29/04/2020

2020-05-19T15:43:58+10:00

ABX Weekly 29/04/2020 Market Update   Global markets continue to recover from the March lows what appears to be the peak of the Corona pandemic which is helping to calm down volatility. Central bankers around the world have managed to stabilise the markets with their massive and unprecedented injection of cash into the system. The US Fed continues to slow its daily intervention and is now down to [...]

ABX Weekly 29/04/20202020-05-19T15:43:58+10:00

ABX Weekly 15/04/2020

2020-04-16T13:28:29+10:00

ABX Weekly 15/04/2020 Market Update     Global financial markets continue to recover from the near meltdown a couple of weeks ago. The hope that we have reached some sort of peak of the pandemic combined with the massive capital injection from both Governments and Central Bankers has stabilised the situation for the time being.   There is still much work [...]

ABX Weekly 15/04/20202020-04-16T13:28:29+10:00

RBA April 2020 Flash

2020-04-08T11:03:43+10:00

RBA April 2020 flash news – on hold   RBA April update There are some signs of hope emerging after a couple of very difficult weeks and some very extreme initiatives by Central Bankers and Governments to counter the shutdown of the economies.   Our RBA  has done whatever it takes to stabilise the bond market which in turn has helped to [...]

RBA April 2020 Flash2020-04-08T11:03:43+10:00

ABX Weekly 25/03/2020

2020-03-25T16:14:13+11:00

ABX Weekly 25/03/2020 Market Update     The global turmoil has continued over the past week with Central Banks and Governments unleashing an unprecedented wave of cash to stabilise the financial and banking system. Equity markets in particular had one of the biggest recovery bounces of all-time last night and government bond yields have started to normalise across the globe indicating that the Central Bank interventions have started to show some signs of success.  Our RBA [...]

ABX Weekly 25/03/20202020-03-25T16:14:13+11:00