Daily Market Commentary 1st December 2023
Markets closed out a very strong month of trading with equity markets charging and bond yields tumbling. The US share markets have booked big gains
Markets closed out a very strong month of trading with equity markets charging and bond yields tumbling. The US share markets have booked big gains
Inflation continues to tumble across the Eurozone, with sharp falls in Spain and across Germany. German inflation plunged to 3.2%, well below expectations and prompting
The November rally on global equity markets resumed overnight, supported by the presumption that ‘peak interest rates’ have been reached and the Fed will next
Equity markets completed four weeks of gains, over the month of November and now look to re-evaluate the current economic and monetary environment. Speculation is
Markets closed out a very quiet trading week due to the US Thanksgiving Holiday, which encompasses much of the week in travel and culminates in
US Markets were closed for the Thanksgiving Holiday, so markets remained quiet across Europe, also. European PMI data showed limited improvement, but remains heavily in
The OECD released their latest economic report, which pointed to overall growth in member Countries GDP. The US surge in GDP growth dragged the OECD
The slow trading week in the US continues, as Thanksgiving week is a time of travel for many, and thus markets usually remain contained. The
Markets have quickly gone from the inflation narrative and interest rate rises, to the speculation of rate cuts and when they will begin. The precipitous
Market confidence continues to grow, as inflation tumbles across Europe and the US, signalling a probable end to Central Bank interest rate rises. The latest
Address
Level 7 Shortland Chambers,
70 Shortland Street, Auckland 1010
Office
NZ: 0800 338 838
AU: 1800 143 415
US: 1888 6257 833
UK: 0800 0285 834