Morning Report

17 May 2022. US sharemarkets were mixed on Monday as investors grappled with a number of headwinds including moderating Chinese growth. The Dow traded in a 586 point range over the session and closed higher by 27 points or 0.1%. The S&P 500 lost 0.4% and the Nasdaq fell 1.2%.  PREVIOUS REPORT
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Daily Download

16 May 22. Aussie shares are poised to start Monday on a positive note after a strong rally on Wall Street on Friday last week. According to the latest SPI futures, the ASX 200 index could open 54 points or 0.8% higher. Goodman Group (GMG) and Cooper Energy (COE) issue trading updates. Brambles (BXB) confirms takeover offer.
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The Week Ahead

13 May 22. Jobs and wages are very much in focus at present and it is the latter that hogs the limelight in the coming week. Minutes of the Reserve Bank (RBA) Board meeting on May 3 will also garner attention. Overseas, Chinese monthly activity data will be closely observed amid renewed Covid-19 lockdowns. 
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Economic Insights

Reserve Bank lifts rates for first time in 11½ years

03 May 2022

Interest rates have risen for the first time in 11½ years. While bad news for borrowers, an increase in interest rates represents good news for the nation’s depositors. The Reserve Bank (RBA) Board has lifted the target rate for the cash rate by 25 basis points (0.25 per cent) to 0.35 per cent. The RBA chose a 25 basis points rate move to signal ‘getting back to usual’. 

Underlying inflation at a 13-year high

27 Apr 2022

The main measure of inflation in Australia – the Consumer Price Index (CPI) – rose by 2.1 per cent in the March quarter. The annual rate of the CPI rose from 3.5 per cent to a 21-year high of 5.1 per cent. It was the largest lift in headline CPI since the introduction of goods and services tax (GST). The most significant price rises in the March quarter were for New dwelling purchase by owner-occupiers and Automotive fuel.

Investor Insights

Federal elections: Impact on sharemarket & currency

16 May 2022

We have taken a look in the rear-view mirror and analysed the impact that every federal election since 1990 has had on the sharemarket (All Ordinaries Index) and the Aussie dollar. The All Ordinaries Index has risen in the 15 days following every election since 1998. The Aussie dollar has strengthened on both the day and week that followed every election since 2013.

How could rising rates impact the Australian sharemarket?

05 May 2022

Provided the Reserve Bank is successful in maintaining solid economic growth and low unemployment, while at the same time lowering inflation, then downside risks for the local sharemarket should be limited. We take a look at which stocks and sectors tend to benefit from rising rate cycles. 

Market insights

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