Market Update – 17th May 2023. - 17th May 2023
Time is running out for the US to raise its debt ceiling. President Joe Biden is due to attend the G7 summit in Japan on Wednesday; however, his Asia trip will be cut short
Time is running out for the US to raise its debt ceiling. President Joe Biden is due to attend the G7 summit in Japan on Wednesday; however, his Asia trip will be cut short
Markets’ focus has been firmly fixed on key economic data releases this week.
King Charles III’s coronation will take place on Saturday 6 May 2023 at Westminster Abbey in London. Looking back to 1952 when Queen Elizabeth ascended to the throne,
So far this week markets have remained focused on earnings season, with investors awaiting reports from the big tech companies such as Alphabet, Microsoft
Global equity markets are slightly higher so far this week, despite the fact that James Bullard, the President of the Fed Bank of St. Louis, said
On Monday markets were surprised by an announcement from OPEC+ (The Organization of Petroleum Exporting Countries) that its members would cut output
The banking sector continues to dominate market sentiment, however, there is a greater sense of calm amongst investors this week following the news that
Stocks clawed back their losses this week and markets returned to a sense of calm on Monday as investors digested the takeover by UBS
Today’s (Wednesday 15 March 2023) Spring Budget was largely relegated to a side-show by equity markets thanks to the collapse of Silicon Valley Bank in the US
Markets got off to a slow start this week, failing to make traction with investors weighing in on Fed Chair, Jerome Powell, who spoke on Tuesday (7 March 2023) before the Senate Banking, Housing and Urban Affairs Committee