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Lynne Devey

Market roundup
Global equity markets have mostly fallen this week as the second wave of Covid-19 has intensified, and amid waxing and waning prospects for a new stimulus package in the US. The major exceptions were China and Japan, where equity markets rose. There was more optimism around Brexit, however, which saw the pound increase to its best level since March. It jumped by 1.7% on Wednesday alone to $1.3171. As a result, multinationals in the FTSE100 have been hit… Continue reading

Market roundup
Equity markets were generally drifting this week, waiting for some news on US stimulus and Brexit, before taking a leg down on Thursday, when a range of new coronavirus restrictions were introduced in France, Germany, the Netherlands, Ireland, and Spain. In the UK, London was placed in the “high-risk” tier which limits social interactions between households indoors. The news came as Europe’s worsening second wave saw France, Germany and Italy all report record daily numbers of new cases.… Continue reading

Global equity markets have made solid gains this week, buoyed both by Donald Trump’s apparent recovery from Covid-19 and, also, the increasing likelihood of a Joe Biden election victory. Polls this week have shown Biden’s lead over Trump widening. Although Democrats may hike taxes on some businesses (seen as a negative for markets), they have also prioritised a big stim- ulus package to support employment and economic growth (seen as a positive for markets).
And despite no discernible progress in… Continue reading

Market roundup
Global equities mostly rose this week on rising hopes for a new stimulus deal in the US, despite coronavirus infections continuing to rise in many developed markets. The pound has trended up against the dollar over the course of the week on optimism that a Brexit deal can be reached. But news on Friday that President Trump tested positive for Covid-19 sent markets down.
Shares leapt on Monday, with strong performances in the UK, US, Europe and Asia.… Continue reading

March/April 2020 Newsletter&nbsp

Welcome to our latest edition. At the time of writing this issue, Sajid Javid had resigned as Chancellor of the Exchequer with less than a month to go until Budget Day. His replacement, Rishi Sunak, will deliver the Budget on 11 March 2020. In our next issue, we’ll look at the key announcements and how they could affect your finances.

Some of the questions our clients almost always ask us are: ‘Will I be able to… Continue reading