ABX Weekly 09/01/2019
ABX weekly 09/01/2019 9th January 2019 Market Update Well after significant volatility heading into the year end, markets have been a bit calmer of late and there is some cautious optimism returning. US equities have had 3 days of gains. Market participants now wait to see if this is a simple bounce or the […]
ABX Weekly 12/12/2018
ABX weekly 12/12/2018 12th December 2018 Market update Recent themes continue in markets with the risk-off tone becoming entrenched. US-China trade tensions remain and the arrest of Huawei’s CFO Meng Wanzhou by Canadian authorities at the request of the US counterparts adds to the friction. There is speculation that China could retaliate. Uncertainty over the US Fed policy is […]
ABX Weekly 05/12/2018
ABX weekly 05/12/2018 5th December 2018 Market update While there is a risk-off tone given the equity market selloff, current trade uncertainties and Fed outcomes we expect credit spreads will widen somewhat but domestically we’ll remain tighter than the US. Australia hasn’t seen the borrowing that other countries have. We agree with a Moody’s […]
ABX Weekly 28/11/2018
ABX weekly 28/11/2018 28th November 2018 Market update While there is a risk-off tone given the equity market selloff, current trade uncertainties and Fed outcomes we expect credit spreads will widen somewhat but domestically we’ll remain tighter than the US. Australia hasn’t seen the borrowing that other countries have. We agree with a Moody’s report last […]
ABX Weekly 21/11/2018
ABX Weekly 21st November 2018 Market Update Share market continue its downturn this week as the market clearly signalled a risk-off sentiment. The biggest news is continuing Brexit speed bumps and US and China trade war. European Desk The Brexit story keeps on giving but the show must go on. The Cabinet finally […]
ABX Weekly 14/11/2018
ABX Weekly 14th November 2018 Market Update Global jitters remain. Markets remain concerned about Brexit negotiations, tariffs, tech stocks and Trump tweets. Headlines today showed British and European negotiators have moved closer to a Brexit ‘divorce’ deal that will extract the UK from the European Union. But prime minister Theresa May now faces a tough […]
ABX Weekly 7/11/2018
ABX Weekly 7th November 2018 Market update The safe bet yesterday was on the Reserve Bank of Australia (RBA) keeping interest rates at 1.5%. Citing the “housing markets have continued to ease” and “inflation is expected to pick up over the next couple of years”. Low levels of interest rates are supporting the economy and […]
ABX Weekly 31/10/2018
ABX Weekly 31st October 2018 Market update Everything is fixed! Equities recouped some of the losses over the week. S&P500 currently up 0.8%, while key commodities oil and copper fell amid US-China trade concerns. The US dollar benefitted from disappointing Eurozone data and a Brexit warning from S&P. The big event this week was the […]
ABX Weekly 24/10/2018
ABX Weekly 24th October 2018 Market update The risk averse mood in share markets continued, with the S&P500 down as much as 1.5% to the lowest since May, and European and Asian indices shedding between 1% and 3%. US 10yr treasury yield fell from 3.18% to 3.11%, the 2yr yield from 2.89% and 2.85%. Fed […]
ABX Weekly 17/10/2018
Brewin’ with Nguyen We all would like a safe investment with high growth and stable income. The problem is…. it doesn’t exist. If someone is telling you it has all these attributes they are lying. If such an investment did exist, then everyone would buy it bringing the price up until the return would be […]