Equity markets had a quietish week, in part down to the Thanksgiving holiday in the US. Global equities gained 0.7% in local currency terms but were down 0.4% in sterling … Read More
Increased Atlantic divide -25 November 2024
Global equities gained 1.4% in local currency terms last week, reversing the bulk of their decline the previous week. UK investors fared even better due to a further weakening in … Read More
Second thoughts -18 November 2024
Global equities retreated 1.8% last week in local currency terms, erasing half of the gains seen on the back of Trump’s victory. The performance felt by UK investors, however, has … Read More
Trump Bump –11 November 2024
Global equities had a strong week with markets up around 3.5% in both local currency and sterling terms. The US led the gains, rising 5% on the back of Trump’s … Read More
One done, one to go – 4 November 2024
One done, one to go Well, despite its supposedly momentous nature, the market reaction to the UK budget was actually pretty limited. UK equities ended the week down 1.0%, similar … Read More
The wait is almost over – 28 October 2024
Global equities last week reversed some of their recent gains, falling around 1% in both local currency and sterling terms. Still, they remain close to 2% above their high in … Read More
Reeves versus Rates – 21st October 2024
Global equities continued on their upward path last week, rising around 0.7% in both local currency and sterling terms. The US and UK both gained 1.2%, while emerging markets were … Read More
Just enough – 14th October 2024
Global equities ended last week up 0.5-1% in both local currency and sterling terms and are now some 2-2.5% above their end-July high. US and European equities performed best with … Read More
US still hiring – 7th October 2024
Global equities ended last week flat in local currency terms after a bounce in the US on Friday following the release of stronger than expected labour market data. In sterling … Read More
Pavlovian response
The unveiling of a range of stimulus measures in Beijing undoubtedly took first place as highlight of the week. The local A share market climbed by 15.7% whilst in Hong … Read More