Mortgage Maelstrom

Global equities last week reversed most of their gains seen the previous week, falling 1.9% in local currency terms and 1.4% in sterling terms. The US held up best, benefiting … Read More

Equities Shrug Off Rising Rates

Last week was a good one for global equities. They gained 2.4% in local currency terms and a more muted 0.8% in sterling terms as the pound rallied to $1.28 … Read More

Peak Rates Still Someway Off

Global equities were broadly unchanged last week, edging up in local currency terms and falling slightly in sterling terms. Nonetheless, US equities did make some headlines as the S&P 500, … Read More

A Good Story

Global equities last week rose 1.4% in local currency terms and are now slightly above the top of the trading range seen since last summer. In sterling terms, the move … Read More