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.
1st April 2021
Although it is a shortened week thanks to the Easter holiday, it has already been filled with action – and we can expect plenty more as the week goes on.
25th March 2021
We had hoped that this week’s joint testimony to the House of Financial Services Committee by the Fed Chair, Jay Powell, and US Treasury Secretary and former Fed Chair, Janet Yellen, would help equity markets, but it turned out to be a complete anti-climax as they both simply repeated their recent comments that the economic recovery is in its infancy and as such, monetary and fiscal support will remain firmly in place.
17th March 2021
Global equity markets have, by and large, traded sideways so far this week ahead of monetary policy meetings at the Fed, BoE and BoJ.
10th March 2021
Progress with the $1.9tr US fiscal package coupled with better-than-expected Chinese trade data has helped push equity markets higher so far this week.
3rd March 2021
From an equity market standpoint, over recent years the annual Budget Statement has become a damp squib as speeches have become more and more filled with partisan rhetoric and jokes at the expense of the party in opposition: entertaining to watch, but light on meaningful actions or surprises.
24th February 2021
Although it has been a quiet week so far for economic data, it has been a volatile couple of days for global equity markets.