Market & Portfolio Update – September 2019
Market & Portfolio Update – September 2019
September was a positive month for most share markets across the world, bouncing back from some softness in August. Markets were supported by the Federal Reserve in the US reducing their cash rate for the second time this year. The Fed is looking to provide some support for their economy with growth slowing recently.
The NZ dollar continued to decline following the 0.50% OCR reduction last month, which will please the Reserve Bank of New Zealand. The lower NZ dollar supports NZ exporters and the returns of unhedged overseas investments.
Despite bond yields offsetting part of their recent decline in September, a 0.3% net fall in US 10-year yields over the quarter and a 0.5% fall in NZ has meant that fixed interest securities have performed well.
Disclaimer: This article has been prepared for the purpose of providing general information, without taking into consideration any particular investor’s objectives, financial situation or needs. Any opinions contained in it are held as at the report date and are subject to change without notice.
Using Your Home to Grow Your Wealth: How to Leverage Equity to Buy a Rental
You have worked hard to buy your home. Paid the mortgage, watched the value rise, and chipped away at the balance over time. Now you might be wondering: can this be the foundation for something more?
If you have built up equity in your home, the answer might be yes.
Market & Portfolio Update - July 2025
The global share market (represented by the MSCI World Gross Index) was up +4.2% in NZ dollar terms in July as the Trump administration finalised several trade agreements, including with Vietnam, Japan and the EU. Although these new tariff rates are significantly higher than the average rate before Trump’s presidency, equity markets responded positively to the fact that the new agreements reduce the risk of an escalating trade war.