Several stocks markets edged higher this week as investors cheered positive economic data on both sides of the Atlantic.
Most US and European indices started May in the green, with the S&P 500, the Dow and the STOXX 600 adding 0.3%, 0.7% and 0.2%, respectively, on Monday.
Stocks slumped the following day after US Treasury secretary Janet Yellen said a modest increase in interest rates could be on the cards. The FTSE 100, which was closed on Monday… Continue reading
Most major stock markets edged higher this week following a raft of positive earnings reports and a pledge from the US Federal Reserve to maintain its accommodative monetary policy.
News that American holidaymakers could be allowed to travel to the EU this summer boosted UK and European stock markets on Monday, with the travel sector performing particularly strongly. The FTSE 100 added 0.4%, while the pan-European STOXX 600 gained 0.3%.
Stocks were weaker on Tuesday as the Fed… Continue reading
Global stock markets edged lower this week as an increase in Covid-19 infections led to investors reigning in their bullishness from the previous week.
US stocks slipped from record highs on Monday as traders took profits ahead of the start of the earnings season. The FTSE 100 also had a quiet start to the week, ending Monday’s session down 0.3% as investors looked ahead to the raft of economic surveys.
On Tuesday, shares in tobacco manufacturers slumped after… Continue reading
Equity markets in the UK and Europe pushed further into record territory this week, despite headwinds for the global vaccination programme caused by issues with the Johnson & Johnson jab. Most of Asia edged up but Japan and China continued to lag as Covid-19 cases in Japan, and concerns over liquidity in China, held shares back. On Monday, UK and US indices closed lower, despite the feelgood factor accompanying the opening of non- essential shops in England for… Continue reading
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