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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 8th January 2021.
12th January 2021
While it was a historically depressing week given the scenes of protesters storming Capitol Hill in Washington, coupled with the surging coronavirus cases (resulting in tighter lockdown restrictions) around the globe; at the same time it was a historically upbeat week for equity markets...
Week ending 1st January 2021.
4th January 2021
The champagne corks weren’t exactly popping as it was a quiet end to a horrible year – and one that we are pleased to see the back of.
Week ending 18th December 2020.
21st December 2020
Overall it has been a ‘nothing week’. We had high hopes on Brexit negotiations, US fiscal stimulus talks and monetary policy meetings at the major central banks, but all effectively turned out to be non-events.
Week ending 11th December 2020.
14th December 2020
Global Equity markets held up for most of the week, but with no breakthroughs on a new US fiscal stimulus package or post-Brexit trade relations, they closed the week broadly lower.
Week ending 4th December 2020.
7th December 2020
It’s beginning to look a lot like a Christmas broken record as this week’s equity market theme is a familiar one: a tug of war between the short-term coronavirus impact on one side and the long-term optimism, thanks to vaccine developments, on the other.
Week ending 27th November 2020.
30th November 2020
Disappointingly, the UK’s FTSE-100 performance lagged behind its peers due to the tougher than expected new regional coronavirus lockdowns coupled with the strength of the pound, which has risen by over 3% this month on speculation that a Brexit deal will be reached – and given around two-thirds of the FTSE-100’s total revenue is derived from abroad, a strong pound is negative for the FTSE-100 as it reduces returns for exporters and the value of overseas earnings.