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2 June 2021 -
Little Change from RBA | Select Harvests Downgrade
Global equity markets were mixed overnight (S&P500 index -0.05%) with US markets ending the day flat as optimism about the economy opening was pared by lingering angst around inflation.
31 May 2021 -
Week Ahead | Oceania Healthcare – Initiation of Coverage
Global equity markets were mostly flat or up on Friday (S&P 500 index +0.01%) as bond and equity markets interpreted elevated US inflation as transitory.
28 May 2021 -
Earnings Volatilty | Fisher and Paykel Healthcare
Global markets were mixed overnight (S&P 500 index +0.1%) with modest moves following US jobless claims for last week coming in at 406,000, below expectation and reaching a new pandemic low.
27 May 2021 -
RBNZ Eyes 2022 Rate Hike | Fletcher Building
Global markets were mixed overnight (S&P 500 index +0.2%) eking out a small gain on light trading volume
26 May 2021 -
Markets in ‘Wait and See’ Mode | Kiwi Property Group
Global markets were mixed overnight (S&P 500 index -0.2%) as investors were in a ‘wait and see’ mood, awaiting economic data and the next big event which will be the Fed’s tapering or no tapering schedule.
25 May 2021 -
Retirement Stock Divergence | Ryman Healthcare
Global markets were higher overnight (S&P 500 index +1.0%) as investors favoured equities, and treasury yields edged lower ahead of US personal consumption prices released later this week – another closely watched indicator of inflation.
24 May 2021 -
Week Ahead | Pacific Edge – Initiation of Coverage
Markets remained choppy but trended sideways last week, with headlines dominated by talk of the US Federal Reserve tapering asset purchases. Fed Chair Powell has reiterated when they do discuss a taper an actual interest rate hike will be well after that.
21 May 2021 -
NZ Budget – Spending Boost | Argosy Property
Global markets were higher overnight (S&P 500 index +1.1%) with the US market ending its three-day losing streak and reversing Wednesday’s heavy moves.
20 May 2021 -
Tech Slide Rolls On | Aristocrat Update
Global markets were lower overnight (S&P 500 index -0.25%) as investors continue to weigh up a rise in inflation and a spike in covid-19 cases in parts of the world.