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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 25th October 2019.
28th October 2019
Global equities ended the week higher thanks to better than expected corporate results which highlighted that companies are weathering the slowing economic growth and trade dispute.
Week ending 18th October 2019.
21st October 2019
It felt like this day would never come, but Brexit may finally be here! However, everything depends on the outcome of tomorrow’s (Saturday 19 October 2019) Parliamentary session when MPs vote on the deal.
Week ending 11th October 2019.
14th October 2019
Sentiment going into this week’s US/China trade talks was negative after the US placed eight Chinese technology companies on a US blacklist and China stopped NBA (basketball) broadcasts.
Week ending 4th October 2019.
7th October 2019
Global equity markets declined at the start of the week after US ISM manufacturing PMI came in at 47.8 in September.
Week ending 27th September 2019.
30th September 2019
While it has been an interesting week watching the latest political turmoil unfold in both the UK and US, it should be noted that this is just a sideshow as the main driver for markets is still the US/China trade talks (as this impacts global economic growth and corporate profitability).
Week ending 20th September 2019.
23rd September 2019
Oil was of course the main focus at the start of the week after last Sunday’s (15 September 2019) drone attack on Saudi Arabia's oil facilities which took out half of their oil production (roughly 5.7m barrels a day), which is around 5% of the total daily global supply.