The Pulse Australia’s S&P/ASX 200 Index finished June materially lower ending -8.8%. All sectors with the exception of Consumer Staples were negative. The US Federal Reserve has raised rates by 0.75%, in response to the high inflation rate. Annual inflation rose to 8.8% in the Euro zone, strengthening the case for the ECB to raise …
The Pulse Australia’s S&P/ASX 200 Index finished the month of May -2.6%, with all sectors of the market lower except Materials. The US Federal Reserve has raised rates by 0.5%, the most aggressive interest rate increase in over 20 years, in response to the high inflation rate. Annual inflation rose to 8.1% in the Euro …
The Pulse Australia’s S&P/ASX 200 Index finished lower over the month masking positive performance from seven out of 11 underlying sectors. Information Technology (-10.4%), Materials (-4.3%) and Consumer Discretionary (-3.2%) were the major laggards. Inflation remains a concern in the USA, with the 8.5% annual rate being the highest level since December 1981. The Russian …
The Pulse Australia’s S&P/ASX 200 Index had a strong month returning 6.9% led by Information Technology (+13.2%), Energy (+9.8%), and Materials (+8.9%). All sectors finished up during the month. The Federal Reserve raised interest rates to 0.50% as they look to tackle the highest level of inflation in 40 years. The war in Ukraine continued …
The 2022 Federal Budget focused largely on supporting low and middle income earners, social security recipients and those looking to buy a home. Summary of key proposals: The 50% reduction in the minimum drawdown for super pensions will be extended to 2022/23. This year’s Low and Middle Income Tax Offset will increase by $420. Age pensioners …
The Pulse Australia’s S&P/ASX 200 Index returned 2.1% with Energy (+8.6%), Consumer Staples (+5.6%), and Materials (+5.2%) posting solid returns. Information Technology continued to be challenged with a decline of -6.6%. Nonfarm payrolls rose 678,000 in February, well above of expectations of a 400,000 increase. The war in Ukraine exacerbated stock market volatility and caused …
The Pulse Australia’s S&P/ASX 200 Index declined by -6.4% with significant sell-offs experienced in Information Technology (-18.4%), Health Care (-12.1%) and Consumer Staples (-9.6%). Nonfarm payrolls rose 467,000 in January, well above of expectations of a 150,000 increase. Eurozone annual inflation rose to 5.3% amid continuing high energy prices. The RBA kept the cash rate …
The Pulse Australia’s S&P/ASX 200 Index rose 2.75% in December with strong returns across Utilities, Materials, Property, and Financials ex Property. Nonfarm payrolls rose 199,000 in December, well below of expectations of a 400,000 increase. European annual inflation rose to 5.2% amid increasing energy costs. The RBA kept the cash rate on hold at 0.1% …
The Pulse Australia’s S&P/ASX 200 Index declined by -0.5% in November masking some disparate returns across sectors. Nonfarm payrolls rose 210,000 in November, well below of expectations of a 550,000 increase. Eurozone annual inflation rose to 4.9%, the highest rate since July 1991. The RBA kept the cash rate on hold at 0.1% as expected, …
The Pulse Australia’s S&P/ASX 200 Index had a moderate decline of -0.10% in October. Nonfarm payrolls rose 531,000 in September, well above of expectations of a 450,000 increase. Eurozone GDP expanded 2.2% in Q3, slightly ahead of expectations of 2.1%, with the annual rate sitting at 3.7%. The RBA kept the cash rate on hold at …
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