The latest market updates are brought to you by Investment Managers & Analysts at Wealth at Work Limited which is a member of the Wealth at Work group of companies.
The beginning of 2025 has brought a sense of uncertainty for many. At the same time, ongoing global conflicts continue to contribute to wider concerns about the future. However, there are steps people can take to improve their financial situation.
Recent market turbulence has been unsettling for many, especially those considering investing. However, it’s important to remember that investing is a long-term commitment and resisting reactive decisions is crucial.
Recent market turbulence has been unsettling for many, especially for those planning to retire. WEALTH at work, a leading financial wellbeing, retirement and workplace savings specialist, outlines below what people who are approaching retirement need to consider.
Eurozone inflation slowed to 1.9% in May, down from 2.2% in April, marking the first time since September 2023 that price growth has dipped below the European Central Bank’s 2% target. Core inflation, which excludes volatile items such as food and energy, also declined to 2.4%, compared to 2.7% the month before.
Tentative signs of improvement have surfaced in China's industrial sector. Data from the National Bureau of Statistics showed that industrial profits rose 1.4% year-on-year between January and April, which is an improvement from the 0.8% growth recorded in the first quarter.