Week Ahead, COVID Concerns | Coca-Cola Amatil Takeover

Week Ahead, COVID Concerns | Coca-Cola Amatil Takeover

While large, we would put the overnight moves in context - markets are generally still in positive territory for the month and it is very early to panic. There is likely to be continued volatility as we head into the US election in a weeks time.  

Week Ahead, Earnings Season | Argosy Property

Week Ahead, Earnings Season | Argosy Property

It is set to be a busy week ahead with the focus on quarterly reporting season in the US and a number of AGM’s in Australia/NZ.

Week Ahead, Tech Rallies | Westpac Jumps

Week Ahead, Tech Rallies | Westpac Jumps

Banking stocks jumped on Friday after the Australian Federal Government announced it would loosen responsible lending laws as part of its economic recovery plan. Among the big four banks, Westpac was the strongest on Friday surging +7%.

Week Ahead, Tesla | A2 Milk Update

Week Ahead, Tesla | A2 Milk Update

In terms of the week ahead, investors will be looking for guidance from the world’s Central Bankers as they meet (virtually) at the Jackson Hole symposium.  The topic this year is “Navigating the Decade Ahead: Implications for Monetary Policy”.

Earnings Results in Focus | Telstra Update, Plexure

Earnings Results in Focus | Telstra Update, Plexure

Closer to home, NZ lockdown extension measures were announced that were largely "as expected", and the NZX has opened higher this morning. With the ASX market reaction to Melbourne a good case study, our view is that the NZX is currently pricing in a shor

Technology Stocks Retrace |  Z Energy Update

Technology Stocks Retrace | Z Energy Update

Technology stocks led market declines after an unexpected rise in jobless claims , with tech partially reversing recent gains even as Microsoft and Tesla released solid quarterly earnings figures.

Jobs Numbers Surprise | Kathmandu Jumps

Jobs Numbers Surprise | Kathmandu Jumps

Global markets were higher overnight with the Nasdaq technology index hitting an all-time high as the run of positive economic data continues, offsetting concerns of a second wave of covid-19.

Australasian Outperformance | Ryman

Australasian Outperformance | Ryman

While global markets snapped back sharply last week on profit-taking, NZ and Australasian markets did not sell-off as hard. We continue to believe Australasia provides a relative safe-haven, primarily given how well both countries have controlled covid-19

Stocks Snap Win-Streak | CSL

Stocks Snap Win-Streak | CSL

Markets were lower Thursday as concern the recent rally had gone too far overshadowed new stimulus measures and encouraging economic data. CSL shares have held up extremely well early in the covid-19 sell-off, but have underperformed over the last month.

Blockbuster NZ Budget | Xero

Blockbuster NZ Budget | Xero

The big news yesterday was the New Zealand government revealing a budget with a $50 billion covid-19 recovery fund to soften, but not prevent, the coming recession.   Construction ($5bn on housing) and infrastructure (another $3bn for projects) are the se