Matthew Leong, Portfolio Analyst and Jonathan Bayes, Chief Investment Officer – Partners Wealth Group, wrap up recent market movements and what we can expect this reporting season.
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The Australian economy remains strong, with the ANZ job ads survey showing an 11th straight month of increases and the Reserve Bank of Australia upgrading economic forecasts for 2021.
Companies have been issuing trading updates for the quarter, with Westpac (WBC) announcing better than expected first-half results. First half cash earnings were $3.5 billion, up 256% on the first half last year as the economy rebounds from COVID-19. The
Economic activity is really booming thanks to both fiscal and monetary stimulus. The Purchasing Manager Indices (PMIs) are wide-ranging surveys of businesses to gauge the near-term outlook and is a commonly used indicator for economic growth. These PMIs h
April started with a bang as investors cheered strong economic data. This month, we look at the strengthening Australian economy and what it means for investors.
In the US, quarterly earnings kicked off with the big banks all soaring past estimates as investment banking and trading revenues surged, thanks to the hot market
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