Last week was a volatile one for equity markets. Global equities fell significantly last Monday and were down some 5%, at their low point, from their late July highs.
Trump trumps the Fed
The big event last week was all set to be the Fed’s decision to cut rates by 0.25%, the first reduction since the financial crisis. Instead, President Trump hijacked events … Read More
An easier world – or not
Central banks are very much the focus of attention for markets at the moment. This week, the highlight will be the meeting of the Federal Reserve on Wednesday which should … Read More
Waiting for the Fed and the ECB
Following their strong run in June, global equities have paused for breath in the last couple of weeks. Hopes of monetary easing have been a major force driving markets higher … Read More
What will follow the sugar rush?
While it may have been a flat week for global equities overall last week, US equities passed a major milestone with the S&P 500 index breaking through the 3000 mark. … Read More
Monetary easing versus slowing growth
Equities had a good week last week. In sterling terms, they gained as much as 3.0%, helped by a fall in the pound to $1.25 as Boris Johnson continued his … Read More
How much further can equities rise?
After a flattish performance last week, equities have started this week on an upbeat note, buoyed by the news that Presidents Trump and Xi have agreed to restart trade talks … Read More
Equities rebound on easing hopes
Equity markets had a good week, with global equities rebounding 2.5-3%. Markets are now down all of 3% in local currency terms and 1% in sterling terms from their recent … Read More
Equities remain under pressure
Equity markets have retreated further and are now down some 6% in local currency terms from their late April high. In sterling terms, the decline has been cushioned somewhat by … Read More
Adding a little to equities
Equity markets remain hostage to developments in the ongoing US-China trade battle and fell 2% last week as tensions increased further. China retaliated against the US move the previous week … Read More