Look at the headline move in global equities last week and you would have no idea that the financial sector is facing its biggest test since the global financial crisis. … Read More
This Time is Different
Equity markets last week lost 3.6% in local currency terms and 4.4% in sterling terms, more than reversing their gain of 1.8% the previous week. A hawkish Fed and an … Read More
A Tug of War
Equity markets rose 1.8% last week, reversing the bulk of the previous week’s decline. China led the way with a 3.3% gain. Meanwhile, bonds had a mixed week with yields … Read More
Good News is, Once Again, Bad News
Markets were broadly weaker across the globe as a raft of positive economic data suggested the inflation beast is far from tamed – meaning that interest rates will continue to … Read More
Soft, Hard or No Landing
Last week was a busy one on the data front. But while government bond yields continued their recent upward move, rising another 0.1% or so, global equities ended the week … Read More
Flirting with Recession
Last week was a relatively quiet one on the data front and saw markets slip back a bit. Global equities were down 1% or so but remain up around 6% … Read More
Data Overload
Last week was billed as an important one for markets and it lived up to expectations. There were a fair few twists and turns along the way but global equities … Read More
A Big Week
Equity markets resumed their rebound last week after a pause the previous one. Global equities gained 2% in local currency terms to be up 6.6% year-to-date and 14% from their … Read More
The Rabbit is Out of the Hat
Last week was a relatively quiet one for markets. Equities edged lower following their strong start to the year while bond yields were little changed. Chinese equities have been the … Read More
Testing Times
Global equities have had a good start to the year. They rose 2.6% in local currency terms last week and are up 4.7% so far this year. In sterling terms, … Read More