
Politics were very much centre stage last week. But as is usually the case for markets at least, the economics turned out to be more important. Nevertheless, it…
Politics were very much centre stage last week. But as is usually the case for markets at least, the economics turned out to be more important. Nevertheless, it…
The UK Election If you listened to nothing but the rhetoric, you would think economic policy will be very different going forward under a Labour or Conservative government….
Global equities last week fell a modest 0.6% or so in both sterling and local currency terms. This still left markets up a healthy 2.3% and 3.7% respectively…
Global equities rose a further 1.4% in local currency terms last week. However, a recovery in the pound to $1.27 left markets little changed in sterling terms. US…
Global equities had a good week, gaining some 2% in both local currency and sterling terms. They have now recovered the 4-5% losses sustained in mid-April and are…
Equity markets recovered their poise last week, reversing some of the drop over the previous three. Better than expected results from Alphabet and Microsoft more than compensated for…