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Market Update - 13th May 2021.
13th May 2021
The big miss in US employment last Friday, hasn’t stopped the markets obsessing about inflation (and as a result, higher US interest rates), especially given the shutdown of the largest US fuel pipeline due to a cyberattack has resulted in petrol shortages and higher petrol station prices.
Market Update - 6th May 2021.
6th May 2021
The inflation theme has remained front and centre for global equity markets so far this week thanks to contradictory comments from Janet Yellen, the US Treasury Secretary and former Fed Chair.
Market Update - 29th April 2021.
29th April 2021
There has been a multitude of announcements and meetings to keep us busy this week, but given all the talk about how inflation is building, the big one was the outcome of last night’s Fed monetary policy meeting and accompanying press conference.
Market Update - 22nd April 2021.
22nd April 2021
Global equity markets have been on the back foot so far this week as coronavirus infections and deaths in India continue to rise.
Market Update - 14th April 2021.
14th April 2021
As we highlighted in the Weekly Market Summary, the markets’ attention at the start of this week was firmly on yesterday’s (Tuesday 13 April 2021) US CPI inflation reading following last week’s large jump in US PPI inflation.
Market Update - 9th April 2021.
9th April 2021
As we speculated in the Weekly Market Summary, the reaction to last Friday’s stunning US employment data has been positive with most of the major equity markets showing gains on the week (with equity markets closed on Friday and Monday for Easter, we had to wait until Tuesday to see how the market would react).