Market Updates.

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.

Market Update – 3rd July 2020. - 3rd July 2020

It has been a very busy 24 hours for economic data, the biggest of which was the US non-farm payroll data for June.

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Market Update – 2nd July 2020. - 2nd July 2020

The tug of war between an economic recovery versus a rise in coronavirus cases and geopolitical tensions continues to yo-yo equity markets.

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Market Update – 1st July 2020. - 1st July 2020

June closed with plenty of razzle-dazzle thanks to the biggest increase in US consumer confidence since November 2011.

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Market Update – 30th June 2020. - 30th June 2020

The tug of war between an economic recovery versus a rise in coronavirus cases has continued overnight. US equity markets yesterday recouped the vast majority of last week’s losses, after the Dow Jones rallied nearly 600 points, or 2.32%

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Market Update – 26th June 2020. - 26th June 2020

Global equity markets reversed yesterday morning’s losses to close in positive territory – and this positive sentiment has continued into today, with the FTSE-100 currently up around 80 points, or 1.30%.

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Market Update – 25th June 2020. - 25th June 2020

As global equity markets are currently trading on every news headline, the mood has quickly turned from positive to negative. As a result, global equity markets fell heavily yesterday – and this has unfortunately followed through into this morning.

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Market Update – 24th June 2020. - 24th June 2020

The path for global equities is never smooth or easy – and as we have previously said, because equity markets hate uncertainty (and the coronavirus outbreak is a big uncertainty), they are currently trading on every news headline.

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Market Update – 23rd June 2020. - 23rd June 2020

Although the FTSE-100 ended yesterday (Monday 22 June 2020) lower due to concerns that the coronavirus infection rates are still rising (especially in the US), interestingly US markets weren’t particularly concerned and ended the day higher as economic data continues to point to a ‘V-shaped’ economic recovery.

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Market Update – 19th June 2020. - 19th June 2020

While yesterday afternoon’s US jobless data showed an improvement on the prior week, it was nevertheless disappointing – although as we highlighted last Friday, there’s a lot of confusion and distortions in the data right now.

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Market Update – 18th June 2020. - 18th June 2020

Data from the US yesterday (Wednesday 17 June 2020) showed that Americans were looking at renovating or moving to a bigger, better home as mortgage applications rose to their highest level since 2009.

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