Stock markets fell back last week, on the back of interest rate rises from several Central Banks. The Bank of England was chief amongst these, raising interest rates by 0.5% to 5%. This move higher in rates followed a higher-than-expected UK inflation number. Although stock markets struggled on this news, they still remain in positive […]
Monthly Archives: June 2023
19
Jun
Jun
Global stock markets rose nicely last week, with the market rallying on some positive economic data; lower US inflation being the key driver. This better data combined with news of more stimulus from the Chinese authorities which helped push up stock markets and particularly those with exposure to China. UK data last week continued to […]
16
Jun
Jun
Rory McPherson spoke to Dave Baxter at Investor’s Chronicle about some of the investment opportunities he sees for building a strong pension portfolio. READ MORE HERE
12
Jun
Jun
Global stock markets took a bit of a breather last week – falling back by 0.5% – but still remain up strongly for the month (up by 1.6% in June). The drop back last week was entirely due to the strength in the Pound which meant that overseas’ gains got translated back as losses. This […]
05
Jun
Jun
Last week saw global stock markets round off the month of May (where they rose by 0.7%) and bounce hard into June, with a 2% rise on Friday. Markets took relief from the resolution of the US debt ceiling and also some encouraging US jobs data. With the debt ceiling now in the rear view […]