investing

Investor Signposts: Week Beginning 6 July 2020

Australia: Reserve Bank Board meeting in focus The Reserve Bank Board meeting is the stand-out event in what shapes to be a relatively quiet week for economic and financial news. The week kicks off on Monday with June readings on the inflation gauge from Melbourne Institute and job advertisements from ANZ. On Tuesday the AiGroup’s…

Investor Signposts: Week Beginning 29 June 2020

Australia: A new financial year commences The 2020/21 financial year commences mid-week with a slew of ‘tier-1’ data releases, including figures on home prices, building approvals, international trade, job vacancies, retail trade and purchasing manager indexes. The week kicks off on Monday when the Bureau of Statistics (ABS) releases its latest weekly “Household Impacts of…

Investor Signposts: Week Beginning 22 June, 2020

Australia: Mixed statistical offerings In the coming week, there will be a mixed array of new data, survey results and speeches. The week kicks off on Monday when Reserve Bank Governor Philip Lowe participates in the ANU Crawford Leadership Forum – “Global Economy and COVID-19.” On Tuesday, the regular ANZ-Roy Morgan weekly reading on consumer…

Three investing mindset errors that could be costing you money

In light of recent market volatility, we look at three mistakes investors commonly make that could be losing them money and suggest how to overcome them. The last few months have proven a tough time for most investors with market volatility continuing to wreak havoc in investment portfolios. In this article we examine three investing…

Bulls Beware: A Dark Cloud Is Forming Over Oil Markets

Bulls Beware: A Dark Cloud Is Forming Over Oil Markets Bullish sentiment appears to have returned to the stock markets with a vengeance. In a historic rally that has taken even die-hard bulls by surprise, the S&P 500 has managed to claw back all of its 2020 losses, taking just 53 sessions for the index…

Investor Signposts: Week Beginning 8 June 2020

Australia: From statistical feast to famine In terms of key economic events, Australia transitions from feast to relative famine. Around half the number of key events is scheduled in the coming week compared with the prior week. On Monday holidays are observed in NSW, Victoria, ACT, South Australia, Northern Territory and Tasmania. And trading also…

$17tn stimulus supercharges markets

In just a few short weeks, the narrative has shifted from how bad things will get to how soon we can recover. Yet the economic data is still horrendous, with the potential for worse to come if the US is hit by a second or third wave of infections. When so much is unpredictable, we…

Investor Signposts: Week Beginning May 4, 2020

Australia: Reserve Bank on centre-stage A busy week lies ahead with ‘top shelf’ economic indicators due for release with a Reserve Bank Board meeting and quarterly Statement on Monetary Policy. But the week starts on Monday, with a bevy of indicators due for release. The Australian Bureau of Statistics (ABS) issues the March building approvals…

Investor Signposts: Week Beginning April 27, 2020

Australia: Inflation in focus Inflation data dominates in the coming week. Clearly, at present the quarterly data on price changes doesn’t rank highly. Instead, most investors and analysts are dissecting the effects of COVID-19 on the economy. But the week starts on Monday, when CommSec releases its quarterly State of the States report. The ranking…

Virgin Australia receives a lifeline

With commercial airline fleets grounded due to lack of demand, the Australian government will pay the nation’s two biggest airlines, Qantas and Virgin Australia, $A165 million to ensure they keep flying critical metropolitan and regional routes over the next two months. This measure comes on top of a A$198 million assistance package for regional airlines and the…