UK markets gave a collective cheer to last week’s news that UK inflation had for the first time for several months surprised on the downside. Equities rose 3.1% over the … Read More
US Inflation Cheer
US Inflation Cheer Global equities rose 2.5% last week in local currency terms, more than reversing their fall the previous week and reestablishing the upward trend seen over the last … Read More
Recession Risk Remains
Global equities have continued their recent choppy performance, rising some 2% last week and reversing their drop the previous week. US equities fared best with a gain of 2.4% in … Read More
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
Game of Chicken
Equity markets last week broke out of their recent torpor, posting a gain of 1.4% in both sterling and local currency terms. US equities outperformed, with a 2% gain in … Read More
Monkey Time
Equity markets had yet another quiet week. Global equities were broadly unchanged in local currency terms but managed a 0.8% gain in sterling terms on the back of the pound … Read More