Market Update: 3 November 2026
Australia’s share market had a positive week, with the ASX 200 rising 1.3%. Gains across resources, property and bank stocks helped lift the market, more than making up for a sharp decline in consumer shares. This came despite September inflation figures coming in higher than expected, with Australian shares taking their lead from a stronger performance on Wall Street. The latest inflation data also keeps the outlook for interest rates in focus, as households continue to face pressure from rising living costs.
In the US, technology stocks came under pressure as investors became more cautious, triggering a broader sell-off in the sector. This prompted investors to move towards the relative safety of government bonds, pushing 10-year bond yields lower across several developed markets. Meanwhile, US household inflation expectations edged up to 4.7% over the next 12 months, suggesting concerns about the cost of living remain firmly in place.
Across Europe, consumers also expect prices to keep rising, with eurozone inflation expectations reaching 3.1% over the coming year. This adds to the challenge facing central banks as they work to bring inflation under control without putting too much pressure on economic growth. In Japan, demand for government bonds was particularly strong, with a 20-year bond auction attracting record interest as investors sought safer places to put their money. In China, markets remained part of a mixed global picture as investors weighed broader economic conditions and shifting investor confidence.
Overall, the week highlighted the ongoing balancing act for financial markets: investors are keeping a close eye on inflation and interest rates while responding to changes in sentiment across major economies. While Australian shares managed to post a solid gain, global technology weakness and persistent inflation concerns show that uncertainty remains an important part of the investment landscape.
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This blog has been issued by Instreet Investment Limited (ACN 128 813 016 AFSL 434776) as Responsible Entity of the Raiz Invest Australia Fund (ARSN 607 533 022) and has been prepared without taking into account your objectives, financial situation or needs. Before acting on such information, you should
This blog has been issued by Instreet Investment Limited (ACN 128 813 016 AFSL 434776) as Responsible Entity of the Raiz Invest Australia Fund (ARSN 607 533 022).
Raiz Invest Australia Limited (ABN 26 604 402 815) (Corporate Authorised Representative of Instreet Investment Limited ABN 44 128 813 016, AFSL 434776) is the promoter of Raiz Invest Super, a Division of AMG Super. The Product Disclosure Statement (PDS), Member Guide and Target Market Determination (TMD) are issued by Equity Trustees Superannuation Limited (AFSL 229757, RSE Licence No L0001458) as Trustee of AMG Super.
The information has been prepared without taking into account your objectives, financial situation or needs. Before acting on such information, you should conduct your own review or consult a financial advisor before making a decision to invest. Please read the relevant PDS and any associated reference documents before making an investment decision. In accordance with the Design and Distributions Obligations, we maintain TMDs for our Funds. All documents can be found on the Raiz website www.raizinvest.com.au, or calling the Customer Support team on 1300 754 748. Please note that past performance is not a reliable indicator or guarantee of future performance. Historical returns, forecasts, and market commentary are provided for general informational purposes only. All investment carries risk and may result in loss of capital.