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The latest market updates are brought to you by Investment Managers & Analysts at Wealth at Work Limited which is a member of the Wealth at Work group of companies.
Market Update – 22nd November 2023.
22nd November 2023
Today Chancellor Jeremy Hunt unveiled the government’s tax and spending plans in the House of Commons. The Chancellor delivered the Autumn Statement detailing tax cuts, pension reforms and promised 110 measures to encourage growth within the private sector.
Market Update - 15th November 2023.
15th November 2023
This week, a slew of economic data has given investors much to think on.
Market Update - 8th November 2023.
8th November 2023
In the absence of significant economic data and following a robust week, financial markets faced challenges in establishing a clear direction. Last week, big tech drove up a rally in their stocks, shoring up their strongest performance in two years and
Market Update - 1st November 2023.
1st November 2023
This week is an important one on the economic calendar for the US. Illustrating that the consumer may be becoming wary with price growth – in particular that of fuel and food prices
Market Update - 25th October 2023.
25th October 2023
This week, investors mulled over multiple PMI datasets, most notably from the UK and US. A PMI below 50 indicates a contraction, while anything above indicates an expansion. In the UK, the preliminary reading for the services sector dipped slightly to 49.2 in October 2023 from 49.3 the previous month.
Market Update - 18th October 2023.
18th October 2023
The US consumer once again displayed resilience this week as fresh data came in on Tuesday regarding retail sales, placing the US even further away from recession. Shoppers were revealed as continuing to spend