Monthly Archives: May 2024

Now could be the time to cash in on your cash holdings; that’s the view from the team at Magnus. We gave the same message last year (see “don’t miss out”), but judging on the spike in UK domestic savings rates (chart below), it’s perhaps fair to say that our cries were ignored! Here goes […]

Global stock markets fell back last week after having posted positive returns for the 4 consecutive prior weeks. There was an element of pausing for breath (given the strong recent gains), but sentiment was also hurt by expected delays to interest rate cuts. The Federal Reserve meeting minutes from last week noted the “lack of […]

Global stock markets notched up their 4th consecutive weekly gain, with a modest rise of just 0.3%. Emerging market shares (led by China) were the star performer last week, with the UK stock market taking a breather (although not without clocking up another all-time-high!), due largely to strength in the Pound. This week is all […]

Global stock markets posted their 3rd consecutive week of gains, with European markets leading the way. Strong US earnings helped power gains in the global share market, whilst closer to home it was the hope of interest rate cuts from the Bank of England (as well as more bid activity) that helped to drive gains […]

Global stock markets rose modestly last week, with most of the gains coming at the end of the week following some strong corporate results coming from Apple (the 2nd biggest stock in the US share market) as well as some weaker-than-expected US jobs data. Although weak jobs data might not seem like good news, it […]