Easier times ahead

The latest equity correction was as short-lived as the previous one in early August and rather less severe. Global equities bounced some 3% last week in both local currency and … Read More

Déjà vu

Global equities fell 3.8% in both local currency and sterling terms last week, bringing back memories of the short but sharp market correction in early August. The latest losses were … Read More

Chips and Payrolls

Markets were quietish last week, leaving investors undisturbed for the most part to enjoy the last of the summer holidays. Global equities were up 0.5% in local currency terms and … Read More

Calm after the storm

Equity markets rebounded strongly last week, with global equities up 3.8% in local currency terms and 2.8% in sterling terms, as US recession worries faded and belief in a soft-landing … Read More

Storm in a teacup

Last week started with a bang but ended with a whimper. Japanese equities on Monday fell as much as 12%, their largest one-day decline since 1987, and global equities ended … Read More

Summer Blues

Apologies in the height of summer for a somewhat longer than normal commentary but there is rather a lot going on, which merits a more detailed look than normal. The … Read More

An action-packed week

Equity markets retreated a little further last week, with the US falling a sizeable 2.3% on Wednesday before recovering some of these losses on Friday. Global equities ended the week … Read More

Magnificent Seven fall from favour

Equity markets retreated last week, following their strong run of late, with global equities down 2.0% in local currency terms and 1.5% in sterling terms. Bonds, by contrast, were little … Read More

Small cap spring to life

Global equities saw further gains last week, rising 1.1% in local currency terms. However, a strengthening in the pound against a weaker dollar to just under $1.30, the highest level … Read More

Calm is good

Politics were very much centre stage last week. But as is usually the case for markets at least, the economics turned out to be more important. Even so, it would … Read More