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
On your marks
Global equities had a strong week, rising 2.1% and 2.9% in local currency and sterling terms respectively. Japanese equities performed best with a 5% rise while China lagged behind with … Read More
Much ado about little
Global equities were broadly flat in local currency terms last week for the second week running. However, the pound slipped back from its recent high against the dollar, leading to … Read More
Goldilocks Mark 2
Global equities were broadly flat last week but lost 1.2% in sterling terms as the pound gained close to 2% against a weaker dollar, rising to $1.28. UK, European and … Read More
There is life beyond the Magnificent Seven
Global equities last week gained a further 1% or so in both local currency and sterling terms, bringing their gains year-to-date on both measures to around 6.5%. With performance diverging … Read More