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.
23rd October 2023
As demonstrated by the accompanying table, this week presented notable challenges for markets driven by geopolitical tensions that served to both elevate and dampen investor sentiment. Fears arising from the escalation of geopolitical tensions in Gaza have intensified concerns about potential disruptions in oil supplies
16th October 2023
This week witnessed a whirlwind of market activity, shaped by uncertainties surrounding interest rates and escalating tensions in the Middle East. Oil prices rose, Brent crude rose by 5.1% to $90.34 per barrel with concerns that conflict between Israel and Hamas could spread to the wider region.
9th October 2023
In recent times, the surge in bond yields has been a dominant factor shaping markets on the expectation that major central banks may hold rates for longer. Signs of robust economic data has raised concerns as of late about the Federal Reserve's future policy decisions.
2nd October 2023
The week came to an end with a subdued performance in markets. Elevated oil prices sparked concerns about Central Banks' ability to manage inflation, and the growing likelihood of a US Government shutdown contributed to investors' apprehensions.
25th September 2023
It was a busy week full of central bank interest rate decisions, but all eyes focused on the Federal Reserve and the Bank of England. Following the Federal Reserve's latest two-day open market committee meeting on Wednesday (September 20), the Central Bank decided to maintain its current interest rates
18th September 2023
As you can see from the accompanying table markets closed the week mostly higher. A raft of important economic data sailed out of the US this week. Giving the Fed food for thought, US CPI headline data reacted to the recent rise in energy prices and rising by 3.7% in August 2023 from the previous year