Keeping you up to date

Global stock markets found momentum last week and extended gains, most notably in Japan. Encouraging data out of the US, including further Q2 earnings releases, helped soothe fears of a US recession, while data out of the UK showed that the economy grew well in Q2. As we turn our attention to the week ahead, […]

Global stock markets rose modestly last week despite a vicious sell-off to get the week started. Better data out of the US combined with soothing words from the Bank of Japan helped rescue the sell-off, with Thursday seeing the best day for US stocks since November 2022. Although markets are calmer, we expect choppiness to […]

The last 2 days have seen global stock markets fall by about 5%, with yesterday being their worst day since September 2022. In this note, we unpack: What’s driven the market sell-off? What we’ve been doing within the Magnus Portfolios Why staying invested and not panicking, in our view remains the right approach for most […]

Global stock markets fell back last week, and that trend has continued this morning. Concerns about US economic data weighed on sentiment and dragged markets lower on Thursday and Friday last week, despite some decent corporate earnings being reported. Bond futures markets have quickly moved to price in 5 interest rate cuts this year in […]

Weekly Round-Up, 29th July 2024   Global equities recorded mixed returns for the second consecutive week, with small-cap and value shares continuing to outpace the large-cap growth stocks that have led the market over much of the year. It was a tough week for US markets, with the S&P 500 Index selling off on Wednesday […]

Global stock lost ground last week, with the US market losing ground and posting its worst week since April. On the face of it, last week was a soggy week for stocks after a strong recent run which has seen them rise by c9% since mid-April. However, beneath the surface there was a big rotation, […]

Watch Watch Rory McPherson, Chief Investment Officer at Magnus, provide insights on economic growth in the U.K. and the FTSE 100 during his appearance on CNBC’s Squawk Box on July 11, 2024.

Global stock markets fell modestly last week. This was due to Pound strength which meant that modest gains in US stocks actually translated back to losses (when converted back to Sterling). Away from the US markets, gains were pretty decent across the board, with Japanese shares leading the way. This week markets will be focused […]

Global stock markets rose last week, with US technology shares driving most of the gains. Although a small part of the global index, UK shares also posted a good week, with domestically focused shares doing best. The UK General Election result dominated the headlines, and the result now means that UK markets can get back […]