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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.
Week ending 29th December 2023.
2nd January 2024
With traders returning from an extended Christmas break and only a few days remaining in the year, markets extended their "Santa Rally" during the final trading days of 2023.
Week ending 15th December 2023.
18th December 2023
It has been a busy week for markets marked by pivotal central bank decisions that have significantly shaped investor sentiment and influenced global economic outlooks.
Week ending 8th December 2023.
11th December 2023
Markets ended the week mainly with gains. In the Eurozone, GDP for Q3 contracted 0.1% - the first fall of its kind since Q4 of 2022.
Week ending 1st December 2023.
4th December 2023
As you can see from the accompanying table markets in the US and Europe ended the week higher. November marked a significant positive shift for markets, bolstered by a series of positive developments:
Week ending 24th November 2023.
27th November 2023
It was a fairly quiet week as markets wound down for the Thanksgiving holiday. In the US, markets closed on Thursday and opened for limited hours on Friday, which meant global markets had to look elsewhere for cues.
Week ending 17th November 2023.
20th November 2023
Lower inflation rates in the US and UK have injected a fresh wave of optimism among investors. This week, we saw a robust rally in the markets, sparking beliefs that central banks may be hitting the ceiling on interest rates. It looks like the Fed are now getting to have their cake and eat it, too! On Thursday, US retail sales demonstrated that consumers are feeling the pinch of higher borrowing costs after splurging over the summer,