The ASX All Ords was on track for a stellar December prior to the emergence of a new cluster of COVID-19 cases in Sydney’s northern beaches on 9 December 2020, which saw markets tempering expectations of a swift recovery. Despite
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Markets rebounded strongly over November due to a number of factors including RBA cutting interest rates to a record low of 0.10%, in addition, to its announcement of $100bn quantitative easing program, Joe Biden being declared the winner of the
The Australian share market performed strongly over October with the S&P/ASX All Ordinaries returning 2.08%, as COVID-19 cases remained low. The end of October saw Victoria’s relaxing of its lockdown restrictions. Data in Australian remained mix. Just over 50% of
As predicted, spending to stimulate the Australian economy was the focus of this year’s Federal Budget. The JobMaker Plan is the Government’s $74 billion response to support a stronger economic recovery and bring more Australians back to work. Tax cuts
Emerging markets slipped slightly in September as a stronger US dollar, further tensions between the US and China, and volatile prices in the technology sector placed downward pressure on the index. US efforts to prevent Chinese companies from remaining in
Financial markets gained in August as US shares recovered their losses and soared to new highs. The Australian dollar surged to nearly 74c by month-end as bearish sentiment drove the US dollar to multi-year lows. International shares also rose strongly
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Financial markets were mixed in July as a sell-off in the US dollar and promising earnings reports from US technology giants fueled investor enthusiasm, however new COVID-19 outbreaks across the world undermined faith in the economic recovery. The Australian dollar
Financial markets were slightly more subdued in June than in April and May as the reopening of economies caused new outbreaks in the Americas, Middle East and India. Australian shares and the local currency rose, buoyed by authorities’ relative success
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