Weekly Market Update- Week Ending 12/08/2022

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US stocks and government bonds rallied sharply on Wednesday after July inflation data came in at 8.5%, lower than the forecasted 8.7% following a sharp decrease in fuel prices. This eased investor concern that the Fed will again raise rates by 0.75% at the next meeting in September. The world’s largest economy posted inflation of…

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Weekly Market Update- Week Ending 05/08/2022

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July played host to the biggest equity market rally since November 2020 (which was when news of a vaccine first broke), as the S&P500 finished the month 9.1% higher. The catalysts this time around, however, were far more subtle. With signs of disinflation beginning to appear, the US Fed striking a more dovish tone in…

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Weekly Market Update- Week Ending 29/07/2022

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It was a positive week for global equity markets. Despite the Federal Reserve increasing interest rates by 0.75%, investors took comfort from the Fed chairman’s comments that they will be guided by the data going forward and the size of future rises might not be as significant from here. Earnings season reached a gallop this…

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Weekly Market Update- Week Ending 22/07/2022

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A positive week for markets as investors digested a raft of corporate earnings and the European Central Bank raised interest rates for the first time in 11 years. The 50 basis point increase brought to an end the controversial policy of negative interest rates. On Wednesday, the Office for National Statistics released the UK inflation…

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Weekly Market Update- Week Ending 15/07/2022

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After a challenging first half of the year, the next six months will have two key factors driving investor sentiment. The first is how inflation behaves and whether we can confidently say in the coming months that it has peaked and is trending down. The second is Q2 and Q3 corporate earnings, along with the…

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Weekly Market Update- Week Ending 08/07/2022

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It was a volatile but broadly positive week for investment markets, as investors digested all the political events in the UK, and we saw tentative supportive buying of the heavily hit technology sector in the US. Like the Black Knight scene from Monty Python’s Holy Grail, Boris Johnson spent the early part of the week…

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Weekly Market Update- Week Ending 01/07/2022

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This week marked the end of the second quarter of the year. Continuing what we saw in the first, for investment markets (both fixed interest and equities) it has certainly been a challenging one. Despite company earnings coming in broadly positive, the constant news flow around climbing inflation and central banks tightening have dented the…

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Weekly Market Update- Week Ending 24/06/2022

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A mixed week for equity markets as the general mood remained downbeat in the face of climbing inflation and with the pace of economic growth slowing. With prices having retraced since the start of the year (particularly in high-growth stocks), the question is: how much are these concerns already in the price? The Office for…

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Weekly Market Update- Week Ending 17/06/2022

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This week saw further weakness within investment markets as the Federal Reserve (Fed) and Bank of England (BoE) both raised interest rates in the face of spiralling inflation. Whilst the rise was widely expected, the 0.75% increase in the States was the largest there since 1994. In the UK, interest rates increased for the fifth…

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Weekly Market Update- Week Ending 10/06/2022

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It has been a lower week for investment markets as concerns over weakening economic sentiment and high inflation persist. Following months of inflation climbing significantly above target, the European Central Bank (ECB) set out plans on Thursday to end its eight-year policy of negative interest rates. The bank announced that it will stop its bond…

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