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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 6th August 2021.
9th August 2021
It has been a positive week for global equity markets, which was largely driven by positive company earnings, as we discussed in our last market update, there were also some positive economic updates which drove markets towards the end of the week.
Week ending 30th July 2021.
2nd August 2021
This week’s big event was Wednesday’s (28 July 2021) Fed monetary policy meeting – and given the recent conflicting views from a number of individual Fed policymakers, we were all over the statement and accompanying press conference, looking for clues and any subtle changes in the wording covering growth and inflation, which would help us formulate when the central bank is likely to start tightening monetary policy.
Week ending 23rd July 2021.
26th July 2021
Following a turbulent start, markets ended the week with a flourish, seeing the majority of major indices close higher.
Week ending 16th July 2021.
20th July 2021
Global equity markets ended the week slightly lower thanks to renewed concerns that increasing coronavirus infections will weaken the economic recovery, especially given that today’s University of Michigan’s consumer sentiment index unexpectedly declined.
Week ending 9th July 2021.
12th July 2021
Despite the fact that most of the major global equities ended the week broadly flat, it was a very volatile week.
Week ending 2nd July 2021.
5th July 2021
Despite all the focus on this week’s US employment report, unfortunately it was again difficult to get a clear picture of the US employment market.