Equity markets have had a somewhat choppy start to the new year following their strong gains late last year. They retreated 1-1.5% in the first week, only then to recover … Read More
The sky has cleared, for now
Investment markets had quite a volatile 2023 but ended on a strong note with most markets posting significant gains over the year. Global equities returned as much as 22.1% in … Read More
Punch Drunk
We said last week the fate of the Xmas market rally lay in the hands of the central banks and so it has proven. To be more precise, it was … Read More
Banker Rally
Last week was a quietish one for markets. Global equities inched up 0.2% in local currency terms, although gained 0.9% in sterling terms as the pound retreated against a stronger … Read More
Santa is Ahead of Schedule
The Santa rally continued last week with global equities rising a further 0.7%. More impressively, equity markets chalked up in November their largest gain for three years, returning as much … Read More
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
Flatlining
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