Kapiti Financial Advice Limited – KiwiSaver and Investment

Escalation in Middle East conflict is raising inflation fears, pushing up bond yields

An article on CNN advises that “Yellow lights are flashing in the most important market on the planet: The US bond market”. The yield on the benchmark 10-year Treasury, climbed on Wednesday 2nd September to the highest level in nearly three years as the Middle East conflict escalated, reinforcing inflation fears. In Germany, the 10-year … Read more

Technology giants led markets higher in July

Global sharemarkets rose 2.2% in July. US markets led the way on favourable corporate earnings updates, particularly better than expected profit updates from the technology giants Microsoft, Apple, Alphabet, and Meta. Microsoft’s value rose to over US$4 trillion following its profit update. Apple reported strong revenue growth, helped by consumers rushing to buy iPhones ahead … Read more

Global sharemarkets ended January higher despite tariffs and AI disruptions

Better than expected US inflation data, the ongoing resilience of the US economy and solid corporate earnings results provided support for the US market in January. This was despite uncertainty regarding the impact of Chinese AI startup DeepSeek and President Trump’s plans to apply tariffs on imports. Providing support for the outlook, the Fed has … Read more

Monthly View – June 2024

Share Markets Global share markets rose 3.7% in May, reverting to their upward trend Favourable economic data in the US, UK and Europe, a successful US earnings season, and falling longer term interest rates supported the rise in global share markets. AI remains a key feature. Nvidia’s better than expected profit announcement provided a big … Read more