October 2023

US stocks rallied Friday even after the release of stronger-than-expected US jobs data and a pop in Treasury yields. The Dow Jones Industrial Average gained 288.01 points, or 0.87 per cent, to close at 33,407.58. The S&P 500 added 1.18 per cent at 4,308.50. The tech-heavy Nasdaq Composite rose 1.60 per cent, closing at 13,431.34. […]

Global oil prices are expected to rise on Monday morning following a shocking attack by the Hamas terrorist group in southern Israel. The situation is further exacerbated by news of an Egyptian policeman opening fire on Israeli tourists, resulting in at least two casualties, and reports of Hezbollah’s involvement from southern Lebanon. This upward push

The perverseness of investors was once again underscored on Friday by their positive reaction to the much stronger US jobs report for September, a rise in bond yields, and an apparent acceptance that the Fed’s much-feared “higher for longer” monetary policy setting could persist for an extended period. Fears of such an outcome—a stronger-than-forecast number

America’s third-quarter earnings season kicks off this week, and by week’s end, there should be more than a hint of what to expect in six weeks when reporting wraps up. With the higher path for bond yields now seeming more acceptable to most investors (after Friday’s performance), the earnings season will influence how investors perceive

The health of the Chinese economy is back in the spotlight this week as the country emerges from its week-long holiday break. Car sales and loan data are set to release on Wednesday, followed by crucial inflation and trade data on Friday. The third-quarter GDP and other investment, retail sales, and production data will be

After Friday’s surprisingly strong jobs data for September, another test for US market sentiment and momentum awaits this week with the release of September’s consumer and producer price inflation data. It has become a monthly ritual, akin to last week’s jobs data, as confusion and fears regarding interest rates and the Fed’s monetary policy stance

Shaw and Partners Chief Investment Officer Martin Crabb takes a look at interest rates and what they mean for small cap investors. Paul Sanger: First up today, as I said, we have a keynote presentation from Martin Crabb, who is the Chief Investment Officer at Shaw and Partners. Martin, welcome back, my friend. Martin Crabb:

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and Australian economic events. Investment markets and key developments over the past week Global share markets were mixed over the last week. US shares initially fell as

Everyone’s agreed that copper is one of the key renewable metals – along with lithium, cobalt and aluminium. Everyone thinks that copper will boom in years to come – and yet its price has spent most of 2023 slowing sagging and quite a few previously bullish analysts are now not so optimistic. But that loss