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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 26th August 2022.
30th August 2022
Until today, global equity markets were having a lacklustre and directionless week as all eyes were fixed firmly on the annual Economic Policy Symposium in Jackson Hole, given Jay Powell, the Fed chair, was speaking at 3pm UK time today (26 August 2022).
Week ending 19th August 2022.
22nd August 2022
Global equity markets gave back some of last week’s impressive gains after a number of Fed policymakers said that the US needs higher interest rates to tame inflation, even if that results in a recession.
Week ending 12th August 2022.
15th August 2022
Wednesday’s (10 August 2022) US CPI inflation reading was the front and centre of our focus this week after last week’s extremely strong US employment data
Week ending 5th August 2022.
8th August 2022
In the UK, BoE policymakers yesterday (Thursday 4 August 2022) voted 8-1 to increase interest rates up by 0.5% to 1.75%.
Week ending 29th July 2022.
1st August 2022
The main focus for global financial markets this week was the Fed’s monetary policy meeting – and unsurprisingly given recent comments from policymakers, the central bank increased US interest rates by 0.75%.
Week ending 22nd July 2022.
25th July 2022
It has been a strong week for markets, seeing key markets well into positive territory over the week.