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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 11th December 2020.
14th December 2020
Global Equity markets held up for most of the week, but with no breakthroughs on a new US fiscal stimulus package or post-Brexit trade relations, they closed the week broadly lower.
Week ending 4th December 2020.
7th December 2020
It’s beginning to look a lot like a Christmas broken record as this week’s equity market theme is a familiar one: a tug of war between the short-term coronavirus impact on one side and the long-term optimism, thanks to vaccine developments, on the other.
Week ending 27th November 2020.
30th November 2020
Disappointingly, the UK’s FTSE-100 performance lagged behind its peers due to the tougher than expected new regional coronavirus lockdowns coupled with the strength of the pound, which has risen by over 3% this month on speculation that a Brexit deal will be reached – and given around two-thirds of the FTSE-100’s total revenue is derived from abroad, a strong pound is negative for the FTSE-100 as it reduces returns for exporters and the value of overseas earnings.
Week ending 20th November 2020.
23rd November 2020
The continuing tug of war between the upsetting coronavirus infections and hospitalisations on one end and coronavirus vaccine optimism on the other meant that most global equities markets ended the week flat.
Week ending 13th November 2020.
16th November 2020
It has been an emotional roller coaster ride this week: on the one hand front page news headlines on new infections, hospitalisations and deaths continued to worsen; and on the other hand we had positive findings from Pfizer’s (a US pharmaceutical company) coronavirus vaccine which set global equity markets alight this week.
Week ending 6th November 2020.
9th November 2020
The big winner this week has been global equity markets.