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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.
Week ending 13th September 2024.
16th September 2024
This week, the STOXX Europe 600 Index ended 1.85% higher after the European Central Bank (ECB) cut interest rates for the second time this year, reducing the deposit rate by 25 basis points to 3.5%.
Week ending 6th September 2024.
9th September 2024
Fed Chair Jerome Powell recently emphasised that the Federal Reserve does not welcome any further weakening in the labour market.
Week ending 30th August 2024.
2nd September 2024
August has taken markets on a wild ride, particularly in the US and Japan during the first couple of weeks.
Week ending 23rd August 2024.
27th August 2024
The past week was broadly positive for markets, with the Federal Reserve's annual symposium in Jackson Hole, Wyoming, serving as the focal point.
Week ending 16th August 2024.
19th August 2024
As you can see from the accompanying table, financial markets demonstrated resilience this week, bolstered by economic data that eased concerns over inflation and growth.
Week ending 9th August 2024.
12th August 2024
This week’s market performance was characterised by a significant sell-off followed by a strong recovery, with many of the earlier losses being recouped.