ABX Weekly 24/06/2020
ABX Weekly 24/06/2020Market 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 economists […]
ABX Weekly 17/06/2020
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 10/06/2020
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 […]
IRESS to transform bond investing
26/05/2020● Partnership between Australia’s pre-eminent fixed-income marketplace and leading global financial services software provider ● Iress users across institutional, retail and online stockbroking and financial advice now have access to real-time Australian bond monitoring and transaction capabilities ● Bond investing enables private investors to diversify income sources and reduce portfolio risks A new partnership announced […]
ABX Weekly 20/05/2020
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 13/05/2020
ABX Weekly 13/05/2020 Market Update The big news was that our PM Scott Morrison announced on Friday the plan 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 is some glimmer of hope among all the negative news and […]
ABX Weekly 29/04/2020
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 15/04/2020
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 25/03/2020
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 18/03/2020
ABX Weekly 18/03/2020 Market Update What a week! We have seen strong response from Central Bankers globally with some sort of QE programs back in place. The US Fed has in an emergency meeting cut rates by 1% down to almost zero and injecting massive of amount of money into the market to make sure […]