Market & Portfolio Update: August 2026
Global share markets pushed higher in August. The MSCI World Index, a broad measure of companies across developed markets, rose 1.9% in NZ dollar terms, helped by a solid company earnings season and continued enthusiasm around artificial intelligence.
The United States drew much of the attention in the bond markets during August. Its government debt passed US$40 trillion for the first time, and the interest rate on longer-term US government bonds climbed to its highest in around two decades. That prompted the US Treasury to step in and expand a programme to buy back some of its longer-dated bonds. The renewed focus on America's finances, along with a shift in expectations for US interest rates, nudged the US dollar a little lower and sent the gold price higher.
Closer to home, the NZX 50 rose around 1.6% and reached a record high before easing back. Figures released showed unemployment had risen to 5.6% in the June quarter, a little higher than expected and a sign the economy is still soft. With inflation still above the Reserve Bank's 1–3% target, further interest rate rises remain in view.
Disclaimer
This article is for general information purposes only and does not constitute financial advice. The content is based on information current at the time of writing and may be subject to change.
Lifetime Group Limited is a licensed Financial Advice Provider. For advice specific to your situation, please speak with a Financial Adviser. You can view our Disclosure Statement here.
All investments involve risk and are not guaranteed. Any examples or projections are for illustration only and should not be relied on as advice.
Financial Planning: Mapping Out Your Financial Goals
When was the last time you sat down and not only set some goals, but mapped out the best way to ensure they are achieved? Goal modelling is more than just financial planning - it’s a roadmap to achieving what truly matters to you. It’s getting answers on what you could be achieving in life, and the best way to get there.
At Lifetime, we go beyond just the numbers to understand your life stages, your aspirations and your personal values.
Staying Cyber Smart
At Lifetime, looking after your financial wellbeing includes helping you stay safe online. Lately, we’ve seen an increase in online scam attempts across the financial sector here in New Zealand, so we thought this was a good time to share a few friendly reminders on how you can stay protected.