Global stock markets rose last week due largely to the US stock market and, in particular, the technology sector. Positive US markets helped to offset what was a pretty negative week for the UK, with both UK stocks and bonds coming under pressure due to inflation data which came in a lot higher than expected. […]
Monthly Archives: May 2023
Global stock markets rose again last week, with the US and Japanese markets driving gains. This has followed a really strong run for Japanese shares which has seen them get to their highest level in almost 33 years! The key area of focus for this week is likely to be around the US debt ceiling, […]
Global stock markets rose last week, with US Dollar strength helping to boost overeas’ returns. It was a fairly full week, which saw the Bank of England put through their 12th consecutive interest rate rise and US inflation come in a touch lower than expected. Equity markets generally took all of this in their stride, […]
Global stock markets fell back last week, with the US market dragging the Global index lower. US shares continued to wrestle with concerns over regional banks, pressure from rising interest rates and worries about breaching their debt ceiling. UK shares also gave back some ground too last week, but are up a healthy 5.5% for […]
Global stock markets fell last week in GBP terms, which was driven by the strengh of the Pound. Global markets actually did OK in their own domestic currencies, but the key currencies (US Dollar and Japanese Yen) fell against the Pound which meant for returns being translated back as losses. The Pound strength was driven […]