Election Special

If you listened to nothing but the rhetoric, you would think economic policy will be very different going forward under a Labour or Conservative government. In fact, it very likely … Read More

A game of two halves

Some weeks just lend themselves to the easiest titles… With the start of the ‘Euros’ good luck to your team, or for your sanity if you aren’t a football fan. … Read More

Rate cuts begin

Global equities gained 1.2% in both local currency and sterling terms last week. This more than reversed the small losses of the previous week and left markets 1-2% above their … Read More

Golden Child

Global equities last week fell a modest 0.6% or so in both sterling and local currency terms. This still left markets up a healthy 2.3% and 3.7% respectively over May … Read More

Good enough

Global equities rose a further 1.4% in local currency terms last week. However, a recovery in the pound to $1.27 left markets little changed in sterling terms. US stocks gained … Read More

Back on track

Global equities had a good week, gaining some 2% in both local currency and sterling terms. They have now recovered the 4-5% losses sustained in mid-April and are back 0.5-1% … Read More

Tech to the rescue

Equity markets recovered their poise last week, reversing some of the drop over the previous three. Better than expected results from Alphabet and Microsoft more than compensated for the macro … Read More

No Landing

Equity markets were down again last week for the third week running. Global equities dropped just under 3% in both local currency and sterling terms and are now down around … Read More

Testing times

Global equities dropped a little last week for the second week running, falling 0.9% in local currency terms.  However, a stronger dollar led to the pound dipping below $1.25 and … Read More

Payrolling equities

Global equities fell back a little last week, posting declines of 0.5-1% in both local currency and sterling terms. The only regions to see small gains were Asia and Emerging … Read More