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


Global equities last week were once again little changed and remain at the top end of the trading range seen since last summer. This calm, however, has an uneasy feel … Read More

Eerily Calm

Global equities were flat last week. Europe and the UK fared best with gains of around 0.5%, while emerging markets were dragged down by a 2% decline in China. Despite … Read More

The Easter Bunny Delivered

Last week was a positive one with global equities rising a bit over 1% led by Europe. Markets are now up some 6% from their early March low in local … Read More