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
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