Last week’s market moves seem somewhat irrelevant given the dramatic developments over the weekend. But for what it’s worth, global equities were up 0.4% in local currency terms and 0.9% … Read More

Global equity markets ended last week broadly unchanged in both local currency and sterling terms. This was the third week of little change but, as in the previous two weeks, … Read More

Last week was once again a week of some drama but just like the previous week, it was hard to tell from the headline market moves. Global equities ended the … Read More

Last week was one of some drama, not that one would have guessed looking at where markets ended up. Global equities were little changed, up 0.2% in local currency terms … Read More

Global equities ended the week down a modest 0.4% in local currency terms. But they fell a somewhat larger 1.4% in sterling terms due to a rise in the pound … Read More

For the second week running, President Trump managed to trump any economic data released. Last week it was all about Venezuela, this week Greenland. Trump announced over the weekend that … Read More

Global equities have started the year full of New Year cheer, gaining 1.7% last week in local currency terms and 2.1% in sterling terms. The big news was the US … Read More

Global growth has held up better than expected in the face of Trump’s large tariff hikes and should continue to be supported this coming year by declining interest rates and … Read More

UK Festive Cheer Hard on the heels of the meeting of the Federal Reserve on 10 December, which saw US rates cut a further 0.25% to 3.5-3.75%, last week saw … Read More

Last week saw UK equities rise 2.2%, UK gilts return 0.9% and the pound strengthen 1.3% against the dollar – altogether seemingly representing a resoundingly positive endorsement of the Chancellor’s … Read More