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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).
Market Update - 1st April 2021.
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.
Market Update - 25th March 2021.
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.
Market Update - 17th March 2021.
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.