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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 - 11th October 2023.
11th October 2023
This week’s headlines have centred around the conflict between Hamas and Israelis that has seen many people either wounded, killed or displaced from their homes. On Saturday, an attack by the group, Hamas, occurred and was swiftly followed by Israel declaring war on the Gaza Strip
Market Update - 4th October 2023.
4th October 2023
This week, rising bond yields have been at the forefront of investors’ minds as markets digest a so-called higher for longer interest rate environment. On Tuesday, the Fed made some hawkish statements about monetary policy,
Market Update - 27th September 2023.
27th September 2023
With a scarcity of significant economic data releases so far this week, the attention of market participants has predominantly centred around a threat of a Government shut down in the US. Political deadlock is currently occurring in the world’s largest economy over disagreements concerning public spending cuts that are being championed by the Republican party.
Market Update - 20th September 2023.
20th September 2023
Amidst the threat of a Government shutdown, this week investors listened closely to an interview with US Treasury Secretary Janet Yellen about the outlook for America’s economy. On Monday, Yellen reiterated the resilience of the US, stating that it would be able absorb
Market Update - 13th September 2023.
13th September 2023
This week, data coming out of the UK was a mixed bag. A report on Tuesday revealed that unemployment and wages have risen, showing that unemployment increased by 159,000 in the last quarter, pushing the jobless rate higher to 4.3%. It’s not all bad news, however,
Market Update - 6th September 2023.
6th September 2023
More stimulus measures, and promises of, have also been rapidly firing from China this week. On Monday, reports revealed that China has come up with ways to boost the domestic stock market and support the property sector.