Last week was very much a week of two halves for equities. It started on a strong note but markets fell back towards week-end and are down again today. The … Read More
A Tug of War
Equities fell back a little last week, following the sharp rebound seen over the previous month, though have opened higher today. Markets have been pulled in opposite directions this year … Read More
Taking Stock
Global equities last week posted further gains of around 2% and are now up close to 25% from their lows having recovered half their losses. The rebound has been the … Read More
Markets have got ahead of themselves
The rebound in equity markets resumed in force last week. Global equities gained as much as 10% in local currency terms and as of Friday were up 21% from their … Read More
Slowing infection rates in Europe provide glimmer of hope
Equity markets slipped back a little last week but have started this week on an upbeat note. While far from back to normal, market volatility has subsided somewhat with 5-10% … Read More
Panic in the air
Equity markets are down sharply this morning, following a volatile few days last week. At the time of writing, UK equities are down some 6% from Friday’s close, and are … Read More
Too much uncertainty
Global equities fell sharply last week as concerns over the rapid spread of the coronavirus outside China unnerved investors and most markets are now down around 12% from their highs. … Read More
Equities finally succumb to the Coronavirus
Equities have finally succumbed. Until Friday, global markets were still hovering around their January highs. But markets fell back 1% or so on Friday and the UK and European markets … Read More
Equities verging on the complacent
Equity markets have their rose-tinted glasses strapped on firmly. Global equities rose a further 1% last week and are now back above their January highs. The news on the spread … Read More
Global equities recover their mojo
Global equities rebounded last week, gaining 3.1% in local currency terms and as much as 4.6% in sterling terms. They have now regained the bulk of the losses sustained due … Read More