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June Market Update 2022

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 …

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May Market Update 2022

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 …

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April Market Update 2022

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 …

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Federal Budget Update 2022

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 …

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March Market Update 2022

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 …

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February Market Update 2022

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 …

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January Market Update 2022

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% …

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December Market Update 2021

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, …

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October Market Update 2021

The Pulse The Australian share market fell 1.9% in September, ending an impressive 11 month run of gains. Nonfarm payrolls rose 194,000 in September, the lowest so far this year, falling well short of expectations of a 500,000 increase. Eurozone economic sentiment rose to 117.8, supported by optimism from consumers and the construction sector. The …

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