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.
25th September 2023
It was a busy week full of central bank interest rate decisions, but all eyes focused on the Federal Reserve and the Bank of England. Following the Federal Reserve's latest two-day open market committee meeting on Wednesday (September 20), the Central Bank decided to maintain its current interest rates
18th September 2023
As you can see from the accompanying table markets closed the week mostly higher. A raft of important economic data sailed out of the US this week. Giving the Fed food for thought, US CPI headline data reacted to the recent rise in energy prices and rising by 3.7% in August 2023 from the previous year
11th September 2023
Stocks ended the week lower as mounting oil prices and the potential policy movements by major central banks in the coming weeks added to market uncertainty. It was a short trading week in the US with markets closed on Monday to mark Labour Day.
4th September 2023
As you can see from the accompanying table, markets ended the week higher as investors digested a slew of economic data. In the US the much-anticipated Core PCE index (the Feds preferred measure of inflation) matched expectations rising by 0.2% on month in July 2023 and 4.2% on year.
29th August 2023
As you can see from the accompanying table markets mostly closed the week higher. On Friday (25 August) Jerome Powell's much anticipated speech at the Jackson Hole symposium provided limited additional insights. Powell dismissed the idea of altering