InvestNow News – 6th November – ANZ Investments – The Weekly Snapshot – 2 November

Article written by ANZ – November 2020

Equity markets had a volatile week with indices in the US, Europe and Asia all ending lower amid rising COVID-19 cases and uncertainty ahead of the US election. The week saw some significant intraday volatility, which saw the VIX Index – a measure of market volatility – rise to its highest level in more than four months. By the end of the week, the S&P 500 and NASDAQ 100 were down around 5%.

In New Zealand, the NZX 50 ended its five-week win streak, ending down around 2%.

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Disclaimer: This information is issued by ANZ Bank New Zealand Limited (ANZ). The information is current as at 2 November and is subject to change. The information is general in nature and does not take into account your personal objectives, needs and financial circumstances. You should consider the appropriateness of the information, having regard to your personal objectives, needs and financial circumstances. This information is not to be construed as personal advice, and should not be relied upon as a substitute for professional advice. Although all the information in this document is obtained in good faith from sources believed to be reliable, no representation of warranty, express or implied is made as to its accuracy or completeness. To the extent permitted by law ANZ does not accept any responsibility or liability arising from your use of this information. Past performance is not indicative of future performance. The actual performance any given investor realises will depend on many things, is not guaranteed and may be negative as well as positive.

InvestNow News – 6th November – ANZ Investments – The Weekly Snapshot – 2 November

Article written by ANZ – November 2020

Equity markets had a volatile week with indices in the US, Europe and Asia all ending lower amid rising COVID-19 cases and uncertainty ahead of the US election. The week saw some significant intraday volatility, which saw the VIX Index – a measure of market volatility – rise to its highest level in more than four months. By the end of the week, the S&P 500 and NASDAQ 100 were down around 5%.

In New Zealand, the NZX 50 ended its five-week win streak, ending down around 2%.

Read more >

Disclaimer: This information is issued by ANZ Bank New Zealand Limited (ANZ). The information is current as at 2 November and is subject to change. The information is general in nature and does not take into account your personal objectives, needs and financial circumstances. You should consider the appropriateness of the information, having regard to your personal objectives, needs and financial circumstances. This information is not to be construed as personal advice, and should not be relied upon as a substitute for professional advice. Although all the information in this document is obtained in good faith from sources believed to be reliable, no representation of warranty, express or implied is made as to its accuracy or completeness. To the extent permitted by law ANZ does not accept any responsibility or liability arising from your use of this information. Past performance is not indicative of future performance. The actual performance any given investor realises will depend on many things, is not guaranteed and may be negative as well as positive.

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