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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 October 2023.
9th October 2023
In recent times, the surge in bond yields has been a dominant factor shaping markets on the expectation that major central banks may hold rates for longer. Signs of robust economic data has raised concerns as of late about the Federal Reserve's future policy decisions.
Week ending 29th September 2023
2nd October 2023
The week came to an end with a subdued performance in markets. Elevated oil prices sparked concerns about Central Banks' ability to manage inflation, and the growing likelihood of a US Government shutdown contributed to investors' apprehensions.
Week ending 22nd September 2023.
25th September 2023
It was a busy week full of central bank interest rate decisions, but all eyes focused on the Federal Reserve and the Bank of England. Following the Federal Reserve's latest two-day open market committee meeting on Wednesday (September 20), the Central Bank decided to maintain its current interest rates
Week ending 15th September 2023.
18th September 2023
As you can see from the accompanying table markets closed the week mostly higher. A raft of important economic data sailed out of the US this week. Giving the Fed food for thought, US CPI headline data reacted to the recent rise in energy prices and rising by 3.7% in August 2023 from the previous year
Week ending 8th September 2023.
11th September 2023
Stocks ended the week lower as mounting oil prices and the potential policy movements by major central banks in the coming weeks added to market uncertainty. It was a short trading week in the US with markets closed on Monday to mark Labour Day.
Week ending 1st September 2023.
4th September 2023
As you can see from the accompanying table, markets ended the week higher as investors digested a slew of economic data. In the US the much-anticipated Core PCE index (the Feds preferred measure of inflation) matched expectations rising by 0.2% on month in July 2023 and 4.2% on year.