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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 27th August 2021.
31st August 2021
There was plenty of finger-tapping in the office this week as we waited for Jay Powell, the Fed Chair, to speak at the annual Jackson Hole symposium earlier today (3pm UK time).
Week ending 20th August 2021.
23rd August 2021
As you can see from the accompanying table, it hasn’t been a pleasant week for global equity markets as the resurgence in coronavirus cases has hurt share prices.
Week ending 13th August 2021.
16th August 2021
After last week’s market obsession on the US employment data release, this week’s main focus was on Wednesday’s (11 August 2021) US CPI inflation reading.
Week ending 6th August 2021.
9th August 2021
It has been a positive week for global equity markets, which was largely driven by positive company earnings, as we discussed in our last market update, there were also some positive economic updates which drove markets towards the end of the week.
Week ending 30th July 2021.
2nd August 2021
This week’s big event was Wednesday’s (28 July 2021) Fed monetary policy meeting – and given the recent conflicting views from a number of individual Fed policymakers, we were all over the statement and accompanying press conference, looking for clues and any subtle changes in the wording covering growth and inflation, which would help us formulate when the central bank is likely to start tightening monetary policy.
Week ending 23rd July 2021.
26th July 2021
Following a turbulent start, markets ended the week with a flourish, seeing the majority of major indices close higher.