2022 was an unprecedented year for markets, with both bonds and equities recording substantial losses at the same time. UK government bonds ended the year down close to 25%, a … Read More

Last week was very much a game of two halves, a description all the more apposite in light of events on Sunday. Global equities rose some 1.5% in the first … Read More

After a weekend of football disappointment and travel chaos, and with a strike calendar looking rather more useful than an advent calendar, this week’s commentary is an unashamed attempt to … Read More

Global equities had another quietish week, albeit including a 3% mid-week pop in the US market, ending up 0.5-1%. The main news was in the US, where a speech by … Read More

Markets last week were relatively quiet for the second week running, in part no doubt due to the Thanksgiving holiday in the US. Global equities rose 1.3% in local currency … Read More

Following their bounce the previous week, global equities were little changed in local currency terms last week with no major market-moving news. COP27 was always going to be a bit … Read More

Last week was a volatile one for markets generally, not just crypto. US equities surged as much as 5.5% on Thursday, leaving global equities up 5.1% in local currency terms … Read More

Last week proved a mixed affair for equity markets. Global equities ended down 1.2% in local currency terms but up 1.4% in sterling terms. There was also a marked divergence … Read More

UK assets had a good week, with a further reversal of the sell-off caused by the mini-budget. The pound rose 3.8% against the dollar and is now back up to … Read More

Last week proved to be yet another week of high drama. While the UK was clearly the epicentre, the US inflation numbers mid-week also did their best to grab the … Read More