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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 - 26th October 2022.
26th October 2022
Shares of Chinese companies listed in the US fell on Monday after President Xi Jinping secured a historic third term and packed the Politburo standing committee, the core circle of power in the ruling Communist Party of China, with Xi loyalists.
Market Update - 19th October 2022.
19th October 2022
Global equity markets started the week strongly, emphasising the strength of equity markets in the face of economic noise.
Market Update - 12th October 2022.
12th October 2022
ONS data released yesterday (Tuesday), showed that the UK Labour market remained “tight” in August. Headline unemployment fell to 3.5%, which was below expectations and the lowest reading since 1974.
Market Update - 29th September 2022.
29th September 2022
There seems to be little respite as the FTSE-100 has opened heavily down again this morning.
Market Update - 28th September 2022.
28th September 2022
Financial markets remained volatile after Chancellor Kwasi Kwarteng’s ‘mini-budget’ was badly received by markets and the pound struggled to make a substantial recovery after falling to an all-time low against the US dollar on Monday.
Market Special - Currency Update
26th September 2022
We argued in our Weekly Market Summary that there was little surprise in last Friday’s (23 September 2022) mini-budget from the Chancellor of the Exchequer, Kwasi Kwarteng - however, the reaction by the financial market and the media has been a big surprise, in particular the fall in the value of the pound and UK gilts.