Weekly Market Summary.

Week ending 18th June 2021. - 21st June 2021

The world’s most important central bank, the Fed, has been this week’s main focus as policymakers met to decide US monetary policy.

Continue reading →

Week ending 11th June 2021. - 14th June 2021

Yesterday’s US CPI inflation data was this week’s focal point – and as we forecasted in our last market update, although the inflation reading did show a big year-on-year increase, thankfully, as we hoped, it turned out to be much ado about nothing as most of the major global equity markets ended the week slightly higher.

Continue reading →

Week ending 4th June 2021. - 7th June 2021

Thankfully it was a holiday-shortened week as equity markets lacked direction as all eyes were focused on today’s (Friday 4 June 2021) US employment data.

Continue reading →

Week ending 28th May 2021. - 1st June 2021

This week’s equity market action was surprisingly dull, despite the volume of US economic data announcements.

Continue reading →

Week ending 21st May 2021. - 24th May 2021

The tug of war between an economic reopening and recovery on one side and inflationary worries on the other meant that it was not only a very intense and exhausting week, but at the same time, a whole-lot-of-nothing week, as global equity markets ended the week broadly flat.

Continue reading →

Week ending 14th May 2021. - 17th May 2021

There has only been one theme in play this week: inflation – thanks to Wednesday’s (12 May 2021) 4.2% US CPI inflation reading.

Continue reading →

Week ending 7th May 2021. - 10th May 2021

If it was worth us stressing once, it is worth us repeating and repeating it ad nauseum: an increase interest rates is many years away.

Continue reading →

Week ending 30th April 2021. - 4th May 2021

It has been an interesting week: recent robust economic data allowed Jay Powell, the Fed Chair (the US central bank), to talk optimistically about the economic outlook, while at the same time effectively reminding the market of the famous mantra ‘don’t fight the Fed’, as he repeated it was far too early to consider tighter monetary policy.

Continue reading →

Week ending 23rd April 2021. - 26th April 2021

Better-than-expected economic data failed to push equity markets higher this week thanks to a resurgence in coronavirus cases (mainly due to India) coupled with reports that Joe Biden is considering plans to almost double the capital gains tax rate to 39.6%.

Continue reading →

Week ending 16th April 2021. - 19th April 2021

The FTSE-100 ended the week above the 7,000 level – a level not seen since 26 February 2020 and a far cry from the sub-5,000 level it fell to in those dark and uncertain times last March.

Continue reading →

← Older posts