Rabbit Time

Global equities were mixed last week. In local currency terms, they continued their recovery with a gain of 0.8%. But they lost 0.5% in sterling terms as the pound strengthened … Read More

Hear No Evil

Equity markets rose last week for the third week running. Global equities returned 2.4% in local currency terms and a somewhat smaller 1% in sterling terms, as the pound recovered … Read More


Global equities maintained their upbeat mood last week, building on their gains of the previous week with further gains of 1-2%.  There was no real news driving markets higher, just … Read More

Rose Tinted Glasses

Markets cheered up considerably last week with increased hopes of a soft-landing driving significant gains in both equities and bonds. Global equities reversed a good part of their declines in … Read More

Eyes Wide Open

Once again equity markets were negative last week with a fall of 1.8% in local currency and sterling. Global equities are now up 4.9% for the year in sterling. Earnings … Read More

Murky at the Top

Global equities dropped last week, more than reversing their gain the previous week and ending down around 2.5% in both local currency and sterling terms. Markets are now down some … Read More

Markets Calm but Watchful

The conflict between Israel and Hamas dominated the news last week and was also the major focus for financial markets. The situation is, first and foremost, a human tragedy; however, … Read More

Jobs Galore

Last week ended for equity and bond markets, at the headline level at least, very much being a repeat of the previous week. Government bonds posted losses of 1% or … Read More

Mixed Signals On Inflation

Global equities edged some 0.5% lower last week, leaving them down 3.3% in local currency terms over September. In sterling terms, the decline over the month was reduced to a … Read More

Altogether Now

Global equities reversed course last week, falling 2.6% in local currency terms to be down 4.5% on their end-July high. A further retreat in the pound against the dollar to … Read More