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The World In A Week – The Refinancing Challenge is Real
October 23, 2023
Written by Cormac Nevin Last week was a challenging one for markets, with the MSCI All Country World Index of global equities down -2.6% in both GBP and local currency terms. It was a broad-based…
The World In A Week – UK resilience in August
October 16, 2023
Written by Dominic Williams. UK GDP figures were released by the Office for National Statistics last Thursday, showing that the UK economy expanded by 0.2 per cent in August. This marks a reversal…
The World In A Week – One last hike?
October 9, 2023
Written by Millan Chauhan US markets are currently weighing up whether the Federal Reserve will implement a further interest rate hike at their next scheduled meeting at the end of October. At the…
The World In A Week – Open All Hours
October 2, 2023
Written by Shane Balkham The US government avoided a shutdown late last night, as a dramatic vote at the weekend saw House Speaker Kevin McCarthy navigating around Republican rebels that have been…
The World In A Week – You have paused your hiking cycle; do you wish to continue?
September 25, 2023
Written by Millan Chauhan The UK Consumer Price Index (CPI) slowed to 6.7% in the twelve-months to August 2023, with this inflation print below market expectations of 7.0%. The encouraging signs of…
The World In A Week – Bank of England Headache
September 18, 2023
Written by Chris Ayton. It was a positive week for global equity markets with the MSCI All Country World Index rising +1.3% in Sterling terms. Global bonds collectively declined with the Bloomberg…
UK economy contracts by 0.5% in July as storms and strikes take their toll
September 13, 2023
The latest ONS stats reveal that the UK economy contracts by 0.5% in July as storms and strikes take their toll. Derrick Dunne commented: “The UK experienced a sharp 0.5% drop in GDP for July, driven…
Sustained pay inflation makes another rate hike ‘almost inevitable’, experts say
September 12, 2023
The latest ONS figures show wage growth has caught up with inflation. Derrick Dunne commented: "This is bad news for the Bank of England. For our part, we hope concerns around the UK economy’s…
The World In A Week – Continental Slowdown
September 11, 2023
Written by Cormac Nevin. Markets were flat last week, with the MSCI All Country World Index of global equities down -0.3% in GBP terms. What was notable was the continued underperformance of…
The World In A Week – The US Labour Market Enters The Fall
September 4, 2023
Written by Cormac Nevin While August has been a moderately negative month for markets, we saw a widespread rally last week. This was led by Japanese Equities, as well as growth-biased and small cap…
The World In A Week – Fly Me To The Moon
August 29, 2023
Written by Shane Balkham Last week was naturally focused on the opening speeches at the Jackson Hole symposium, an annual gathering of policymakers from around the world, to discuss topical financial…
The World In A Week – Nothing to See Here
August 21, 2023
Written by Chris Ayton It was a tough week for global equity markets with the MSCI All Country World Index -2.7% in Sterling terms. Bonds also declined with the Bloomberg Global Aggregate Index -0.3%…