The World In A Week – Witnessing history
Written by Millan Chauhan. Last week, the US Bureau of Labour Statistics announced that US CPI decelerated to 8.3% which was above estimates of 8.1%. Estimates had predicted a sharper slow-down in…
The World In A Week – A nation in mourning
Written by Shane Balkham. While we welcomed in the new prime minister, Liz Truss, last week was dominated by the sad news that her majesty Queen Elizabeth II had passed away. It is indeed a sombre…
The World In A Week – Winter is (still) coming
Written by Cormac Nevin. Last week was another challenging one for markets, as the MSCI All Country World Index fell -1.5% in GBP terms. In local terms, the Equity Index was down -2.9%,…
The World In A Week – In Liz we Truss?
Written by Millan Chauhan. Last week, the Federal Reserve’s Chair Jay Powell delivered a hawkish stance stating that higher interest rates are needed to combat inflation. With annualised inflation…
The World In A Week – Autumn is coming
Written by Shane Balkham. Inflation continues to dominate investors thoughts and last week we had the UK’s rate of inflation climbing to 10.1% for July on an annualised basis, the first time the…
The World In A Week – Recessionary fears mount
Written by Millan Chauhan. Last week UK Gross domestic product (GDP) data was released for the second quarter of 2022 which saw the UK economy contract by 0.1 per cent having risen 0.7 per cent in…
The World In A Week – Narrowing the gap
Written by Millan Chauhan. Last week, the Bank of England (BoE) announced it had raised interest rates by 0.50%, the biggest increase in 27 years. UK interest rates now sit at 1.75% which is still…
BOE’s Comments Surprise More Than Its Deeds
BOE’s Accelerated Fight Against Inflation Could Come at a Cost Following the Bank of England raising its bank rate by 50 basis points, Derrick Dunne commented “Making drastic decisions…
The World In A Week – Following the leader
Written by Shane Balkham. The tightening of monetary conditions continued last week with the Federal Reserve hiking rates by 0.75%, repeating the size of the hike that was made last month. The Fed…
The World In A Week – Hot summer and cold winter
Written by Cormac Nevin. Markets continued to stage a broad-based recovery last week, as returns for June continue to be strong in what has been a challenging year to date. The MSCI All Country…
‘Downright damning’ UK inflation crisis continues as figures hit new high
June’s UK consumer prices index reached 9.4%, putting further pressure on the Bank of England and on investors’ money.