In the US, the latest Consumer Price Index reading saw the year-over-year rate move above 6%, the highest in 30 years. This move pushed rate hike expectations forward a little further. Consumer confidence dipped as nearterm inflation expectations increased to…
Stocks enjoyed another solid week of gains as investors took both a Fed announcement and US jobs report in their stride. In Friday’s unemployment report, headline payrolls rose by a better than expected 531,000. This was the fastest rate in…
Stock markets rose over the course of last week as a slew of earnings and US economic data provided confidence to equity bulls. Core inflation (which strips out food and energy costs) was up 4.0% for the year to the…
Stocks fell for only the second month in 2021 as fears in relation to inflation and interest rates roiled equity and bond markets. A rally late on Friday reduced the losses but growth stocks underperformed, with energy the only sector…
Equities had a poor start to last week, with the S&P 500 seeing its worst day in a number of months last Monday. However, much of the losses were recouped throughout the rest of the week as major markets finished…
Stocks suffered last week as the overall market fell in a week of choppy trading. US markets started the week on a pessimistic note, as it emerged over last weekend that key democrats would not support the full extent of…
Global equities edged downwards last week, as the S&P 500 saw its first five day losing streak since February. An overhang from the previous week’s jobs report, the perennial inflation worries, and the persistency of the delta variant in the…
Friday’s (September 3rd) weaker-than-expected US employment report may lower any expectations that the Federal Reserve will announce any tapering of emergency measure at its meeting later this month. Commentary from Bank of Canada and ECB meetings this week will be…
Stocks moved forward once again in a light week for economic data, with the summer holiday season taking hold. However, the U.S. data that was released was taken positively. Inflation for July came in at 0.5%, breaking a four month…
U.S. Markets hit record highs last week with strong earnings and a positive jobs report the main drivers. Employers added 943,000 jobs in June which was well above consensus estimates and the best reading of 2021. Data for April and…
