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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 14th February 2020.
17th February 2020
Most of the major equity markets extended last week’s rally, on hopes that the coronavirus outbreak is losing momentum.
Week ending 7th February 2020.
10th February 2020
Global equity markets rallied strongly this week on hopes that China is succeeding in containing the spread of the coronavirus and as a result the outbreak won’t significantly affect the global economy.
Week ending 31st January 2020.
3rd February 2020
Rising fears about the economic impact of coronavirus hurt global equity markets this week. China’s equity market ended up being closed all week as the Lunar New Year holiday was extended because of the coronavirus – no doubt Monday (3 February 2020) could look ugly as they play catch-up.
Week ending 24th January 2020.
27th January 2020
Global equity markets fell this week on concerns China’s coronavirus could turn into a global pandemic and damage global growth.
Week ending 17th January 2020.
20th January 2020
It has been an important week for UK data. UK CPI inflation slowed again in December to 1.3% from 1.5% - its lowest rate since November 2016 and well below the BoE’s mandate which is to target inflation at 2%.
Week ending 10th January 2020.
13th January 2020
It turns out US/Iran tensions was just a lot of noise! We had a miserable start to the week as global equity markets fell after the weekend saw Middle East tensions escalate.