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.
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.
27th January 2020
Global equity markets fell this week on concerns China’s coronavirus could turn into a global pandemic and damage global growth.
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%.
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.
6th January 2020
Global equity markets started 2020 on a happy note after Donald Trump said he will sign the first phase of the US/China trade deal on Wednesday 15 January 2020, coupled with news that the Chinese central bank, the PBOC, was reducing the required reserve ratio (RRR) by 50 basis points (which underscores our view that the world’s major central banks remain easing-biased).
23rd December 2019
The get Brexit done mantra is proving as popular with UK equities as it did with British voters as the post-election euphoria continued, making the FTSE-100 one of the best performing indices over the week.