Markets were dominated last week by the growing expectation that a Russian invasion of the Ukraine was imminent. Global equities ended the week down 1.5%, back around their late January … Read More

Markets remain volatile. Global equities started last week on a firm note but ended some 0.5% lower and are down 2% this morning. These declines take them back down to … Read More

Global equities had yet another volatile week but ended up 1.5% in local currency terms. The volatility had two main causes – big tech stocks and bonds. Taking tech first, … Read More

Equity markets had another volatile week, with sizeable intra-day swings particularly in the US. But unlike the previous week, when global equities fell a sizeable 4%, they ended down a … Read More

Equity markets resumed their decline last week following a pause the previous week. Global equities fell a not insignificant 4% in local currency terms and 3.2% in sterling terms and … Read More

Following a burst of activity at the start of the year, markets calmed down last week. Bonds were little changed following the sharp rise in yields seen the previous week. … Read More

The New Year has kicked off with a burst of market volatility centred on bonds rather than equities. 10-year government bond yields jumped 0.2-0.3% last week to 1.8% in the … Read More

Equity markets have continued their recent see-saw pattern. Global equities fell some 1.5% last week, after a gain of 3% the previous one, and are down a further 1-2% this … Read More

There is often a disconnect between market moves and domestic headlines but last week it was particularly acute. The wave of new restrictions in the UK, along with Boris Johnson’s … Read More

Market volatility has picked up significantly since Omicron first made the headlines the week before last. US equities have seen daily moves of 1-2% most days, with gains replacing losses … Read More