Daily Market Commentary 23rd April 2021
European markets posted gains following assurances from the ECB that interest rates would remain low and QE infinity would remain for the foreseeable future. The
European markets posted gains following assurances from the ECB that interest rates would remain low and QE infinity would remain for the foreseeable future. The
US equity markets rebounded overnight, as fears over the pandemic settled and growth prospects look strong. The economic recovery is well under way and the
Global equities plunged overnight, amidst fears over the vaccine roll-out, effectiveness and the surge in virus spread. India is experiencing a surge and much of
US equity markets came off record and historical highs, to begin the week, while the US 10 year Bond Yield crept up over 1.6%. The
The University of Michigan Economic Sentiment report was positive, but weaker than expected. US Building Permits increased 2.7%, while Housing Starts exploded, increasing 19.4% for
US Retail Sales blew through expectations and set equity markets on fire. The headline US Retail Sales number was a huge increase of 9.8% for
Earnings season kicked off in a sparkling way, with Goldman Sachs blowing away expectations and leading the banking stocks higher, lifting the Dow to new
The distribution of John & Johnson ‘vaccine’, was paused overnight in the USA, due to some worrying blood clotting in recipients. This is the latest
Equity markets pulled back from record highs, set to be dominated by inflation and growth. In the US the important CPI number will be released
US equity markets closed the week strongly, inspired by the confidence exuded by Central Bankers, the IMF and the World Bank. These organisations met with
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