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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 23rd April 2021.
26th April 2021
Better-than-expected economic data failed to push equity markets higher this week thanks to a resurgence in coronavirus cases (mainly due to India) coupled with reports that Joe Biden is considering plans to almost double the capital gains tax rate to 39.6%.
Week ending 16th April 2021.
19th April 2021
The FTSE-100 ended the week above the 7,000 level - a level not seen since 26 February 2020 and a far cry from the sub-5,000 level it fell to in those dark and uncertain times last March.
Week ending 9th April 2021.
12th April 2021
The markets’ obsession with inflationary pressures continued this week after US PPI data climbed 1% in March, taking its annual advance to 4.2%.
Week ending 2nd April 2021.
6th April 2021
Global equity markets brushed aside Europe’s new lockdown restrictions and instead focused of the faster vaccine rollout in the US and the subsequent economic reopening, which bodes well for global economic growth and global equity markets.
Week ending 26th March 2021.
29th March 2021
After a challenging start to the week, global equity markets recovered strongly today (Friday 26 March 2021), and as a result ended the week marginally higher – and the reasons show how fickle equity markets can be in the short-term and why it was important to resist the urge for any knee-jerk reactions and maintain a long-term perspective.
Week ending 19th March 2021.
22nd March 2021
We were already on tenterhooks ahead of policy meetings at the major central banks, but heightened geopolitical tensions; new coronavirus lockdowns in Europe; and a weaker oil price, all made for an exhausting end to the week.