{"id":11991,"date":"2026-05-05T09:20:08","date_gmt":"2026-05-04T23:20:08","guid":{"rendered":"https:\/\/investors-admin.raizinvest.com.au\/?p=11991"},"modified":"2026-05-05T09:20:18","modified_gmt":"2026-05-04T23:20:18","slug":"market-update-05-may-2026","status":"publish","type":"post","link":"https:\/\/raizinvest.com.au\/investors\/blog\/market-update-05-may-2026\/","title":{"rendered":"Market Update:\u00a005 May 2026\u00a0"},"content":{"rendered":"\n
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Australian shares moved lower this week, with the ASX 200 down 0.6% as declines in consumer staples and healthcare outweighed gains in the energy sector. Investor attention is increasingly turning to the upcoming Federal Budget, with potential changes to the capital gains tax discount in focus. While Australia has\u00a0remained\u00a0an outlier in the global rate hiking cycle, recent hawkish holds from other central banks suggest policy could stay tighter for longer.\u00a0<\/p>\n\n\n\n\n\n\n\n

US markets continued their strong run, with the S&P 500 up  <\/p>\n\n\n\n

0.9%, the Dow rising 0.5% and the Nasdaq gaining 1.1%. The S&P 500 reached fresh all-time highs, supported by strong corporate earnings and resilient consumer demand. Although first quarter GDP appeared soft, underlying domestic growth remained solid. The Federal Reserve held rates steady but maintained a hawkish tone, signalling that further progress on disinflation will be needed before any policy easing. Longer-term inflation expectations remain contained, even amid ongoing geopolitical uncertainty. <\/p>\n\n\n\n

European equities were broadly flat, with the Euro Stoxx 600 edging up 0.1% as geopolitical risks and economic concerns kept sentiment cautious. The European Central Bank held rates steady, while officials acknowledged rising risks to the outlook. Economic sentiment weakened across the region, and inflation in Germany rose to 2.9%, driven by higher energy costs. In Spain, unemployment also increased unexpectedly. <\/p>\n\n\n\n

Japanese markets were mixed, with the Nikkei slightly lower. The yen experienced sharp volatility, strengthening after moving past levels that have previously triggered government action. The Bank of Japan held rates steady, though a split decision highlighted growing support for policy normalisation. At the same time, growth forecasts were lowered while inflation expectations increased, pointing to a more complex outlook. <\/p>\n\n\n\n

Chinese markets were stable to slightly softer, with the Shanghai Composite up 0.8% and the Hang Seng down 0.8%. Sentiment was supported by an improved sovereign outlook and strong industrial profits, particularly in high-tech sectors. Policymakers continue to focus on targeted support for technology and manufacturing rather than broad stimulus, signalling a more measured approach to sustaining growth.\u00a0<\/p>\n\n\n\n

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Important Information<\/em><\/strong><\/p>\n\n\n\n

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 conduct your own review or consult a financial advisor before making a decision to invest. Please read the relevant Product Disclosure Statement and any associated reference documents before making an investment decision. In accordance with the Design and Distributions Obligations, we maintain Target Market Determinations 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.<\/p>\n","protected":false},"excerpt":{"rendered":"

Australian shares moved lower this week, with the ASX 200 down 0.6% as declines in consumer staples and healthcare outweighed gains in the energy sector. Investor attention is increasingly turning to the upcoming Federal Budget, with potential changes to the capital gains tax discount in focus. While Australia has\u00a0remained\u00a0an outlier in the global rate hiking […]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[4511,4525,19,1,20],"tags":[],"yst_prominent_words":[128,1165,1028,2574,1714,290,1449,117,166,300,741,4703,1551,340]}