Weekly Investment News Last week saw the release of revised US GDP figures for the final quarter of 2022. GDP was revised downwards to a 2.7% increase from its first estimate of 2.9% in Q4. The report detailed that…
Weekly Investment News US equities ended the week up 1.6% in euro terms. Stocks posted gains after the announcement of an above expectations Gross Domestic Product (GDP) figure for Q4 of 2022. The report showed that GDP in the…
Weekly Investment News US equities ended a stellar week of gains last Friday, up 2.0% in euro terms. Much of the optimism resulted from a lower-than-expected inflation figure for December. Released last Thursday, the US Consumer Price Index showed…
The first week of 2023 ended on a positive note with equities showing gains on the back of optimistic indicators in the US and Europe. US equities finished the week up 2.1% in Euro terms and were aided by the…
Weekly Investment News Last week saw the Federal Reserve raise rates by 75 basis points. A move that was widely expected yet remains to be the latest instalment in the fastest set of rate hikes by the Fed in…
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Weekly Investment News Stocks fell last week as economic data releases failed to meet expectations. In the US, the closely watched personal consumption expenditures release showed that consumers were beginning to pull back, with May seeing the first decline…
Equities fell once again last week, to extend losses for the year. The week started on a positive note before Friday’s US inflation data resulted in sharp declines into the weekend close. May consumer price inflation came in at 8.6%…
Weekly Investment News Major US equity indexes ended the week lower last week. Within the S&P 500, the communication services sector was the worst performing sector. Shares of Netflix fell over 35% as the streaming giant reported disappointing quarterly results followed…
In this holiday-shortened trading week, the Labor Department reported on Tuesday that consumer inflation (CPI) for March jumped to 8.5% up from 7.9% the previous month. A handful of major U.S. banks kicked off earnings season with mixed results. Expectations…
