EQUITY AND BOND INVESTORS APPEAR UNCONCERNED BY US GOVERNMENT SHUTDOWN
This week there was little reaction to the US government’s shutdown. US equities were part of the global rally in risk assets and US government
bonds also gained, as yields fell, as part of the general move up in developed government bond prices.
TRUMP DRIVES SHORT-TERM MOVEMENTS BUT LONG-TERM EFFECTS LIKELY TO BE MORE SIGNIFICANT
This week the impact of US politics has been very much in evidence. Donald Trump’s intensified support for Ukraine has helped provide a bump for
defence stocks, along with repeated Russian incursions into Nato airspace.
FEDERAL RESERVE CUTS RATES AND OPENS THE WAY FOR FURTHER REDUCTIONS
This week Donald Trump’s state visit filled the headlines, but the main event for markets was the rate cut from the Federal Reserve.
Read The Full ArticleMARKETS COOL ON TECH AND DEFENCE STOCK VALUATIONS
This week brought a rush to secure trade deals with the US before Donald Trump’s 1 August deadline for the imposition of US reciprocal tariffs.
Read The Full ArticleRECIPROCAL TARIFFS COME INTO EFFECT AS EXPORTERS LOOK TO NEW MARKETS
This week brought a rush to secure trade deals with the US before Donald Trump’s 1 August deadline for the imposition of US reciprocal tariffs.
Read The Full ArticleTHE RETURN OF US RECIPROCAL TARIFFS SAP ENTHUSIASM IN GLOBAL EQUITY MARKETS
This week brought a rush to secure trade deals with the US before Donald Trump’s 1 August deadline for the imposition of US reciprocal tariffs.
Read The Full ArticleJAPANESE EQUITIES GET A BOOST BUT US TRADE PARTNERS FACE TOUGH CHOICES
This week economic data was scant, but corporate updates were abundant. The overall picture for corporate earnings has been positive as companies across a range of industries presented positive updates.
Read The Full ArticleTHE TRUMP TARIFFS SHOWS UP IN RISING INFLATION BUT OUTLOOK FOR CENTRAL BANKS SEEMS UNCHANGED
This week’s inflation numbers provided the first evidence that Donald Trump’s tariffs are pushing up prices.
Read The Full ArticleTRUMP’S ATTENTION RETURNS TO TARIFFS BUT MARKETS TAKE THEM IN THEIR STRIDE
This week the delay on Donald Trump’s reciprocal tariffs expired with little progress on trade talks.
Read The Full ArticleGILT MARKETS MOVED BY CHANCELLOR’S DISTRESS BUT UNPHASED BY POTENTIAL FOR LARGER US DEFICIT
This week Rachel Reeves’ employment prospects delivered a reminder of just how unsettled financial markets are.
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